The Age of Complacency has dawned
Started by
spielchekr
, Dec 30 2008 09:03 PM
3 replies to this topic
#2
inamosa
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Patterns-based Trader and Investor in ETFs and Futures
Posted 30 December 2008 - 10:31 PM
Well done sir!
Exactly why sentiment indicates no rally should occur right now. Just too many people believing we'll see one.
Edited by alysomji, 30 December 2008 - 10:33 PM.
"Our job is not to predict where the market will go, but to interpret daily price and volume action to ascertain the facts of the current environment and make decisions based on that interpretation."
-Scott O'Neil (son of William O'Neil), Portfolio Manager at O’Neil Data Systems, when asked where the Dow would go in the coming months
-Scott O'Neil (son of William O'Neil), Portfolio Manager at O’Neil Data Systems, when asked where the Dow would go in the coming months
#3
inamosa
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Patterns-based Trader and Investor in ETFs and Futures
Posted 30 December 2008 - 10:44 PM
Sorry, just wanted to add: http://tickersense.t...36a2a805970c-pi
When everybody's thinking the same, no one's thinking.
When everybody's thinking the same, no one's thinking.
"Our job is not to predict where the market will go, but to interpret daily price and volume action to ascertain the facts of the current environment and make decisions based on that interpretation."
-Scott O'Neil (son of William O'Neil), Portfolio Manager at O’Neil Data Systems, when asked where the Dow would go in the coming months
-Scott O'Neil (son of William O'Neil), Portfolio Manager at O’Neil Data Systems, when asked where the Dow would go in the coming months
#4
spielchekr
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Member
Posted 31 December 2008 - 07:06 AM
Isn't it mind boggling to imagine all of the complacency yet to come? 
