1 reply to this topic

[andr99]

EXPERIENCE...........number one technical indicator, more usefull than.....MA, RSI,  etc.etc. After 25 years I've come to such a conclusion. Normally I'm quick at understanding, 

 

but this time it took me 25 years......LOL. But I'm glad the same, because for the vast majority of people 25 years are not enough........double LOL. Socrates, the only philosopher 

 

that I have some consideration for, used to say ''I know I'm ignorant''. Similarly I say ''I know I'm ignorant, but luckily there are a lot more people that are more ignorant than I am''

 

otherwise I couldn't take a cent out of the stock market. So, why lamenting if the world is so ignorant ? Let's profit from that. Politicians have done the same since Adam and Eve.

 

Good trading everybody and let's enjoy the December strenght.  

[12SPX]

Yup that's exactly it, I watch basic indicators but always follow the tape to see what's really going on, kinda like now we are in blowoff mode and is never the sign of a healthy market.  This is when you know you can wake up to a -5% down day at anytime....