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#11 qqqqtrdr

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Posted 03 November 2022 - 02:11 PM

I am looking at a variety of signals and Rydex Ratio and other signals look like bearish positions from a month ago have been reduced which lessons the chances we have reached bottom, but regardless big movements in many of big players do indicate a change is coming and it looks more like a bullish side.   I was also happy new car sales increased by 12% month to month which if continues means car production is getting back to normal.



#12 andr99

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Posted 03 November 2022 - 02:14 PM

well fib, go on then enlightening the whole world with your immense knowledge  


Edited by andr99, 03 November 2022 - 02:14 PM.

forever and only a V-E-N-E-T-K-E-N - langbard


#13 fib_1618

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Posted 03 November 2022 - 03:19 PM

well fib, go on then enlightening the whole world with your immense knowledge  


As the one of the very few on the board who actually gave a warning of a forming top in December, and then the actual kick off of the current bear market in January, it will be my pleasure to do so in my attempt to “pay it forward” to whoever might listen before my time runs out.

 

Fib


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#14 andr99

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Posted 03 November 2022 - 04:13 PM

In 2007 I went short on Germany in the last trading week of the year. 2008 started with a bang that initiated the bear market that everybody knows. So what ? 


forever and only a V-E-N-E-T-K-E-N - langbard


#15 12SPX

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Posted 03 November 2022 - 04:46 PM

Everyone needs to respect the interpretation of some technical indicators just like economists do on economic reports and unless a prediction or trade isn't put on here before the actual move or 30 seconds after its all just wind and unofficial.  So you do have a good point andr!! 


Edited by 12SPX, 03 November 2022 - 04:47 PM.


#16 pdx5

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Posted 03 November 2022 - 04:52 PM

Stop fighting you guys. It is better if we just post our own ideas/opinions/FF, and leave it at that. 

Keep in mind stock market is not a science, it is a combination of many things. No one is going to be right all the time.

I like reading everyone's posts and then make my own decisions knowing full well there is always risk in stock trading.


"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#17 fib_1618

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Posted 03 November 2022 - 05:00 PM

In 2007 I went short on Germany in the last trading week of the year. 2008 started with a bang that initiated the bear market that everybody knows. So what ? 

 

And since you came here in 2008, there is absolutely no way anyone can verify that you did that.

 

Aside from that, a boy can cry wolf day after day as you've done for 14 years here and eventually be correct.

 

One thing you have learned is that you no longer believe that the DAX leads the US markets anymore...but it took you some 7 years for you to work that through.

 

Fib


Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

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#18 fib_1618

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Posted 03 November 2022 - 05:03 PM

Keep in mind stock market is not a science

 

I wholeheartedly disagree with this statement...it is science just as Newton's 3 Laws of Motion are...it happens every single day because market's basis is supply and demand.

 

Fib


Edited by fib_1618, 03 November 2022 - 05:04 PM.

Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

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#19 MDurkin

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Posted 03 November 2022 - 05:04 PM

 

well fib, go on then enlightening the whole world with your immense knowledge  

As the one of the very few on the board who actually gave a warning of a forming top in December, and then the actual kick off of the current bear market in January, it will be my pleasure to do so in my attempt to “pay it forward” to whoever might listen before my time runs out.

 

Fib

 

And just so you know it is appreciated.



#20 fib_1618

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Posted 03 November 2022 - 05:07 PM

Everyone needs to respect the interpretation of some technical indicators...

 

Not some...ALL...as the basis of every single indicator is based on the math created by the flow of investment capital moving in and out of the markets on a daily basis.

 

That said, those who do have their problems of interpretation do so because they don't either understand the indicator, don't follow its rules, or they have an emotional bias.

 

Most times, in this business, it's all three.

 

Fib


Edited by fib_1618, 03 November 2022 - 05:08 PM.

Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

Technical Watch Subscriptions