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I took a break


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#1 zedor

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Posted 23 March 2007 - 10:57 AM

I took a break from here a while ago. The best thing if you are bearish is to spend time with zealot bears to realize neither bull or bear is a religion. Follow the trend is the only way to make money. Have a more balanced realistic view of the markets, sharpened my ax and will post again. Glad to see the nut case aint here anymore. Zedor

#2 Rogerdodger

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Posted 23 March 2007 - 11:06 AM

Glad to see the nut case aint here anymore.


O yes I am! :P

Welcome back.

#3 ed rader

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Posted 23 March 2007 - 11:15 AM

I took a break from here a while ago.

The best thing if you are bearish is to spend time with zealot bears to realize neither bull or bear is a religion.

Follow the trend is the only way to make money.

Have a more balanced realistic view of the markets, sharpened my ax and will post again.

Glad to see the nut case aint here anymore.

Zedor



Vector will be back when the coast is clear (j/K) :lol: .

ed rader

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#4 da_cheif

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Posted 23 March 2007 - 11:21 AM

so zedor learned his lesson eh...lolol......bull markets can do that to ya......snort

#5 Rogerdodger

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Posted 23 March 2007 - 11:30 AM

Play nice Cheif.

#6 zedor

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Posted 23 March 2007 - 11:38 AM

Play nice Cheif.

Its ok -- he has a point. We have had a bull run in stocks and I did repent a while back, though not here.

I can stand saying I was wrong or way too early.

However neither bull or bear lasts forever and they alternate.

My bearish leanings are there for the market though. But more structured now.

I have the Jan 2007 low as a pivot. Below that bearish.

#7 Chilidawgz

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Posted 23 March 2007 - 11:52 AM

Play nice Cheif.

Its ok -- he has a point. We have had a bull run in stocks and I did repent a while back, though not here.

I can stand saying I was wrong or way too early.

However neither bull or bear lasts forever and they alternate.

My bearish leanings are there for the market though. But more structured now.

I have the Jan 2007 low as a pivot. Below that bearish.



Maybe you are where I am at with trading. There are no bull or bear markets, there is only price direction. I guess I would be called a swing trader of sorts. Some days I daytrade, some trades are several days. Long or short. I don't trade individual securities usually. ETF's and RYDEX and the ProFunds leveaged.

I find the worst thing I can do is listen to other's opinions...I have to do my own work per my trading methodology. Another thing, there is not a trade to be made every day, I have to wait until the probabilities line up.

Edited by Chilidawgz, 23 March 2007 - 11:54 AM.

Anything can happen...what's happening now?
No one can forecast the future. No one.
 
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#8 Rogerdodger

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Posted 23 March 2007 - 11:59 AM

There are no bull or bear markets, there is only price direction.


The radio Guru is bearish, as you know.
Yet he says (tells himself): "Lose your opinion, not your money."
So while he has an overall view of why the market should have trouble,
he keeps buying stocks which are oversold at support and show good risk/reward ratios.

How many rallies have been missed because EVERYONE (except Da Cheif :P ) was convienced the markets were going to crash?

#9 fib_1618

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Posted 23 March 2007 - 12:10 PM

Follow the trend is the only way to make money.

Agreed.

However neither bull or bear lasts forever and they alternate.

Yes, they do.

My bearish leanings are there for the market though.

That's fine...it keeps you grounded. But when the urge takes you, refer to your first statement.

**************************************************

There are no bull or bear markets, there is only price direction...I have to do my own work per my trading methodology. Another thing, there is not a trade to be made every day, I have to wait until the probabilities line up.

Spoken like a true technician.

Fib

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#10 TechSkeptic

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Posted 23 March 2007 - 02:30 PM

Welcome back, zedor.