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Mean Reversion


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#11 da_cheif

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Posted 03 September 2020 - 10:55 AM

 

 

This abnormality was likely caused by the beginning of the month repositioning and so the mania is not sustainable  .....................

mania? what mania  ....the dow hasnt seen a new high in 7 months......mania like uve never seen before is coming....btw calling this a mania tells me you arent making any money on the upside    ....i cud be wrong tho... u hava lot of company being fearful  AAII shows more bears than bulls

 

Not exactly mania, it's bipolar ................

 

if u inhaled all ur life u would die.....inhale exhale......



#12 Dex

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Posted 03 September 2020 - 11:14 AM

 

This abnormality was likely caused by the beginning of the month repositioning and so the mania is not sustainable  .....................

mania? what mania  ....the dow hasnt seen a new high in 7 months......mania like uve never seen before is coming....btw calling this a mania tells me you arent making any money on the upside    ....i cud be wrong tho... u hava lot of company being fearful  AAII shows more bears than bulls
 
 
He made a good call yesterday....give him some credit.
He only has 1 thing to say.
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#13 redfoliage2

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Posted 03 September 2020 - 12:11 PM

Albeit my VST call I don't see the IT trend has changed to bearish.  Today's big down is likely just a one day event.  But who knows as there is no one in this world who can predict the market,  if they could they world not have to do it for a living................


Edited by redfoliage2, 03 September 2020 - 12:20 PM.


#14 redfoliage2

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Posted 03 September 2020 - 01:42 PM

VST I expect the bots on the Street to switch the game direction ............................



#15 redfoliage2

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Posted 03 September 2020 - 02:42 PM

Well, mean reversion works both ways and dont be surprised if we see a gap-up tomorrow...................


Edited by redfoliage2, 03 September 2020 - 02:43 PM.


#16 da_cheif

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Posted 03 September 2020 - 03:08 PM

Albeit my VST call I don't see the IT trend has changed to bearish.  Today's big down is likely just a one day event.  But who knows as there is no one in this world who can predict the market,  if they could they world not have to do it for a living................

those that can do make a great living


Edited by da_cheif, 03 September 2020 - 03:09 PM.


#17 redfoliage2

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Posted 03 September 2020 - 03:10 PM

IT support holding firm today.  What a good purge day so that the directors/managers on the Street can buy things with much lower prices when they are back from their summer vacation next week - rinse and repeat, game never ends............................



#18 traderx

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Posted 03 September 2020 - 03:29 PM

SPX BB yesterday foreshadowed  today's move



#19 Waver

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Posted 03 September 2020 - 04:31 PM

SPX BB yesterday foreshadowed  today's move


The weekly BB
Rarely closes above it

#20 redfoliage2

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Posted 04 September 2020 - 08:31 AM

So it is still the same rotational game going on though it was much exaggerated by the "event" Labor Day long weekend ..............


Edited by redfoliage2, 04 September 2020 - 08:33 AM.