25 replies to this topic

[kc135a]

when it comes to noting divergence.

Tea

FWIW I am getting exactly your view using fib timing cycles and fractals.

KC

[fib_1618]

but I hate it when the public gets bullish and they pull the rug under them and chop their heads off when they all get bearish

There's that reference to "they" again. Who exactly are "they"? Are "they" like the guy who sits up in the control booth on "Deal or No Deal" and phones down to the floor of the "exchange" and dictates profit and loss?

Most often overlooked fact is what time frame other traders are trading and what trend that particular time frame happens to exhibit.

Your time frame is never "overlooked", at least by me, but what may be "overlooked" is using a technical tool to reinforce a preferred bias of pattern where there is no bias to begin with. You recently tried using McClellan Oscillator in this fashion just two weeks ago when it last went below the zero line, and though you did get a day trade out of it, it was nothing more than that.....because....there was no sell signal and there was no divergence in the first place.

By the way....in order to "crap" you must first "gap". That didn't happen this morning. But what you do have is a "lessening" of buying pressure just as the McClellan Oscillator had been suggesting well before the bell rung this morning.

Fib

[arbman]

There's that reference to "they" again. Who exactly are "they"? Are "they" like the guy who sits up in the control booth on "Deal or No Deal" and phones down to the floor of the "exchange" and dictates profit and loss?

They = The Fed, the commercial banks and the large wall street brokers doing business with them.

They always have the advantage over the public because they can manipulate the currency and set the interest rates primarily, they can borrow much cheaper or higher leverage than the public (10:1) and manipulate the prices directly secondarily. The history is full of examples, just too many examples...

BTW, the annualized return on the SPX since the March lows is around 65% right now. They lured the public enough, the public is yet to cover and bite the bait in the long side. How much more and longer can they devaluate the dollar and keep the repos going?!? It is only fueling the commodity bull and slowly choking the real estate market...

Interesting times...

[fib_1618]

They always have the advantage over the public because they can manipulate the currency and set the interest rates primarily, they can borrow much cheaper or higher leverage than the public (10:1) and manipulate the prices directly secondarily.

So...let me see if I understand you. You're saying that the markets are "unfair" because there are larger fish sitting on the sidelines with the prime objective of screwing the hand that feeds them...the little guy? Why would anyone who runs a business want to do this to those who you make your living from? Is it the objective of the Federal Reserve to purposely put people in the position for them to eventually fail? Wouldn't this then hurt the engine of the US Government where tax receipts would suffer from such practices...no less the loss of confidence of doing business on a level platform??

Come on Kisa...this kind of thing you're lamenting about has been going on since the first human who discovered fire marketed this same product for others to use. Those who have been around for any length of time will also tell you that we have all heard these same things over and over and over again for as long as they have been alive...only the names have changed over time.

A game? Yes. Can you do anything about it? No. Should you worry about it? Why - to what end?? Can you accept what you can not change, but do the same thing in which you claim these same people do for your own self serving and selfish interests so that you can survive? Absolutely. For every buyer, there's a seller. For every winner, there's got to be a loser. That's just the way it is.

Bottom line...all of this unfair political/fundamental propaganda is promoted by those who wish you ill and not to succeed in life so that you NEED THEM in order to live your life. The sooner you let go of this grandiose diatribe, the better off you and your family will be, both financially and mentally. You knew all this going in, and still you decided to play the game. Nobody cares one iota if you think the rules are fair or not...especially those who you believe practice this kind of subterfuge. All you should be concerned with is whether there is enough money (liquidity) in the system to directly be invested in a monetary class or not. It doesn't matter where this money comes from, or who created it. All you should care about is whether it's there or not and position yourself accordingly before the rest of the other "suckers" do.

Have a nice weekend.

Fib

[arbman]

The risk is not an economic ruin for them, it is their very dominance over the financial markets. As long as they control the money supply, they control the entire nation anyway. Of course, you can not do anything about it, if you are smart enough, you can definitely benefit, but never beat them...

[NAV]

By the way....in order to "crap" you must first "gap". That didn't happen this morning.

Fib,

Of course we did gap-up on both QQQQ and SPY.

They always have the advantage over the public because they can manipulate the currency and set the interest rates primarily, they can borrow much cheaper or higher leverage than the public (10:1) and manipulate the prices directly secondarily.

So...let me see if I understand you. You're saying that the markets are "unfair" because there are larger fish sitting on the sidelines with the prime objective of screwing the hand that feeds them...the little guy? Why would anyone who runs a business want to do this to those who you make your living from? Is it the objective of the Federal Reserve to purposely put people in the position for them to eventually fail? Wouldn't this then hurt the engine of the US Government where tax receipts would suffer from such practices...no less the loss of confidence of doing business on a level platform??

Come on Kisa...this kind of thing you're lamenting about has been going on since the first human who discovered fire marketed this same product for others to use. Those who have been around for any length of time will also tell you that we have all heard these same things over and over and over again for as long as they have been alive...only the names have changed over time.

A game? Yes. Can you do anything about it? No. Should you worry about it? Why - to what end?? Can you accept what you can not change, but do the same thing in which you claim these same people do for your own self serving and selfish interests so that you can survive? Absolutely. For every buyer, there's a seller. For every winner, there's got to be a loser. That's just the way it is.

Bottom line...all of this unfair political/fundamental propaganda is promoted by those who wish you ill and not to succeed in life so that you NEED THEM in order to live your life. The sooner you let go of this grandiose diatribe, the better off you and your family will be, both financially and mentally. You knew all this going in, and still you decided to play the game. Nobody cares one iota if you think the rules are fair or not...especially those who you believe practice this kind of subterfuge. All you should be concerned with is whether there is enough money (liquidity) in the system to directly be invested in a monetary class or not. It doesn't matter where this money comes from, or who created it. All you should care about is whether it's there or not and position yourself accordingly before the rest of the other "suckers" do.

Have a nice weekend.

Fib

Fib,

Amen.