Here's your signal to go short

I'm stopped out and now I've flipped long for a bagholder position. You need to fade me NOW ! I may never short again, markets go up over time(20years) not down. Will be adding the other 50% back into my 401k. Best way to make money, dollar cost averaging. I don't know if I've ever seen the type of divergence we had get blown away before, something big must be going on, as in 2000 SPX, not 1400. I don't care if the S&P craters to 400 by Fall, I'll just keep buying all the way down, I'll get it back some day. Can't say that for shorting.

helleluija

I'm stopped out and now I've flipped long for a bagholder position.

You need to fade me NOW !

I may never short again, markets go up over time(20years) not down.

Will be adding the other 50% back into my 401k.

Best way to make money, dollar cost averaging.

I don't know if I've ever seen the type of divergence we had get blown away before,
something big must be going on, as in 2000 SPX, not 1400.

I don't care if the S&P craters to 400 by Fall, I'll just keep buying all the way down,
I'll get it back some day. Can't say that for shorting.

markets go up over the next 20 years unless bernanke stays on his chair for another two or three years, otherwise you will have to correct
your statement saying...................markets go up over 100 years.

I wish you the best CLK... For the trade do as wish, you can always get in and out, but I would wait for a pullback or add very little of your slow money, the current earnings yield on stocks is quite low with the SP trading around 1210...

Maybe what you found out is that "divergence" of the type you're talking about between things like MACD, stochastics, RSI etc and the price structure is not an effective indicator, especially in a major move. I know I posted this to you in the past, but divergence of the type you're talking about is a mathematical certainty, and yet has nothing to do with the health of the market per se. The fact that it works some times is coincidence in my opinion. Good luck to you. IT

I'm stopped out and now I've flipped long for a bagholder position.

You need to fade me NOW !

I may never short again, markets go up over time(20years) not down.

Will be adding the other 50% back into my 401k.

Best way to make money, dollar cost averaging.

I don't know if I've ever seen the type of divergence we had get blown away before,
something big must be going on, as in 2000 SPX, not 1400.

I don't care if the S&P craters to 400 by Fall, I'll just keep buying all the way down,
I'll get it back some day. Can't say that for shorting.

Thinking about that myself... I do have a rule on buying however is to wait until the 50-day or 200-day MA is met before committing long term money....

Maybe what you found out is that "divergence" of the type you're talking about between things like MACD, stochastics, RSI etc and the price structure is not an effective indicator, especially in a major move. I know I posted this to you in the past, but divergence of the type you're talking about is a mathematical certainty, and yet has nothing to do with the health of the market per se. The fact that it works some times is coincidence in my opinion. Good luck to you.

IT

IT,

I agree with you that they don't work in a power move, but they have
been working more than random in rolling markets. A nice down day
followed by new highs usually is a sell, at least for a day or two.

I still think this is possible, given the poor economic outlook.

I'm stopped out and now I've flipped long for a bagholder position.

You need to fade me NOW !

I may never short again, markets go up over time(20years) not down.

Will be adding the other 50% back into my 401k.

Best way to make money, dollar cost averaging.

I don't know if I've ever seen the type of divergence we had get blown away before,
something big must be going on, as in 2000 SPX, not 1400.

I don't care if the S&P craters to 400 by Fall, I'll just keep buying all the way down,
I'll get it back some day. Can't say that for shorting.

Thinking about that myself... I do have a rule on buying however is to wait until the 50-day or 200-day MA is met before committing long term money....

really,,,,did you go long as hell back in February...

i think i remember you saying that the mkt had another 100 spx points in downside left when we touched the 200 day ema on feb 5th....

i apologize if it wasnt you....but i thought it was

Volume at the bottom suggests a retest of the low. We need better celebration to go short. There is no indication of that. I will feel better at least for a while. Make sure you keep the your finger on the trigger.