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stocks are going to the moon, not pulling back

Liquidity by Fed is the key.

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#1 traderx

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Posted 10 August 2020 - 04:44 PM

Don't fight the Fed., he said.

Anyone know who Marty Zweig was?

Major guest on Wall St week.

Great books on market

9-1 upside indicator

 

The particular technical signal is referred to as a "Nine To One Up Day." It refers to the volume of all NYSE-listed stocks that go up on a given day, expressed as a percentage of the total volume of all stocks that rose or fell on that day. On a day when rising stocks' volume is the same as declining stocks' volume, for example, this ratio would be exactly 50%.

 

https://en.wikipedia...ki/Martin_Zweig

 

 

 

He made loads of money in the market and largest stock newsletter in the world, at that time

of his time.

But he made more millions than he made all his life, when he sold his penthouse condo on Fifth ave, NYC.

Died on Fisher Island, Florida.

Look him up on Wickpedia, also look at how expense homes are on Fisher Island.

https://www.luxurylistingsmiami.com/

 



#2 Dex

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Posted 10 August 2020 - 06:36 PM

My guess he made more $on the letter then stocks. Most advisors are like that.
"The secret of life is honesty and fair dealing. If you can fake that, you've got it made. "
17_16


#3 traderx

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Posted 10 August 2020 - 11:15 PM

My guess he made more $on the letter then stocks. Most advisors are like that.

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I agree. MY point was he said he made more on his Apartment - Than his newsletter and other.

Like many business men who own the building with their business in NYC, who make more from building than what they made from business when they retire. Leverage and prices of real estate are unbelievable.

Russian oil billionaire bought an apartment in NYC for his daughter, who would only be here part time. He paid $180 million dollars for her to use part time.



#4 traderx

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Posted 10 August 2020 - 11:18 PM

"The secret of life is honesty and fair dealing. If you can fake that, you've got it made. "

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A friend of mine who is from the Bronx, says in the neighborhood where he grew up, they say if you did not make it, fake it!



#5 traderx

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Posted 11 August 2020 - 12:45 AM

He paid $180 million dollars for her to use part time.

 

My mistake  he paid $96 million dollars.



#6 traderx

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Posted 11 August 2020 - 12:46 AM

Manhattan penthouse is now the most expensive home ever sold in the United States. Hedge fund billionaire Ken Griffin closed on an apartment under construction at 220 Central Park South this week for around $238 million.Jan 23, 2019