tag:blogger.com,1999:blog-6062751687592413583.post5305887838961428418..comments2024-03-26T21:56:51.634-07:00Comments on World of Finance.: What Do You Think?World of Financehttp://www.blogger.com/profile/14109552944903875871noreply@blogger.comBlogger13125tag:blogger.com,1999:blog-6062751687592413583.post-14065461599214794502012-02-20T21:40:14.186-08:002012-02-20T21:40:14.186-08:00I finally decided to not play the contrarian with ...I finally decided to not play the contrarian with the Budget deal as well, and was burned also. <br />However, I am back to my roots, and trying it again, short the SPY as it appears the Titannic is on the side of a Greece bailout (and who doesn't think we see DOW 13,000 Tuesday?)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-81285491855411328742012-02-20T10:20:26.546-08:002012-02-20T10:20:26.546-08:00"If I had a world of my own, everything would..."If I had a world of my own, everything would be nonsense. Nothing would be what it is because everything would be what it isn't. And contrary-wise; what it is it wouldn't be, and what it wouldn't be, it would. You see?" -- Alice (a natural contrarian)<br /><br />I beginning to think the market is in Wonderland and Alice is in control.<br /><br />CAHAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-8071969371859544902012-02-20T06:20:18.031-08:002012-02-20T06:20:18.031-08:00since..its now all about currency...dont u think A...since..its now all about currency...dont u think AUD\USD is making higher highs..n higher lows....in daily chart it has gapped up today ...and is staying above resistance....jonakhttps://www.blogger.com/profile/00225846360557385789noreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-29163661777376952462012-02-19T12:31:21.757-08:002012-02-19T12:31:21.757-08:00Yes, indeed with the Banks of Japan and China now ...Yes, indeed with the Banks of Japan and China now joining for printing ink along with the Fed, the ECB the Bank of England,even the Swiss National Bank and all this cheap money used to prop up markets there is a pain risk to the upside until this bring about more inflation in emerging markets and the prices of oil and other commodities start again being too expensive for a so called moderate growth and then, can turn out to be deflationary <br />But in the mean time the market may go up with only very shallow pull back until the US electionsAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-30755726938393067512012-02-19T06:12:23.592-08:002012-02-19T06:12:23.592-08:00enjoy your post a lot.enjoy your post a lot.ochukimohttps://www.blogger.com/profile/13329580991764738382noreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-27874005022694697132012-02-18T21:12:44.460-08:002012-02-18T21:12:44.460-08:00Its anybody's guess, no-one knows what Greece,...Its anybody's guess, no-one knows what Greece, the Fed or the ECB will do. Wait and see what the market offers up, don't try to predict the future when it is out of your control more than usual.<br /><br />Be prepared to be long or short as you have been to date.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-43659259395119883382012-02-18T19:55:32.027-08:002012-02-18T19:55:32.027-08:00It might be just the people I follow, but for the ...It might be just the people I follow, but for the last few weeks almost all have been calling for a reversal. That's probably why we haven't had one. I guess sometimes well enough should be good enough. The market is trending so just trailing stops on indexes with the P-SAR and hoping that the initial gap down does not blow through the stop.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-24579300028260726822012-02-18T19:08:23.365-08:002012-02-18T19:08:23.365-08:00Did we think too much? 1161-1261=100, 1205-1367 (g...Did we think too much? 1161-1261=100, 1205-1367 (guess) =161.8, IF we get a 38% wave 4 to 1291, we will end wave 5 at 1391 with wave 1=5. Could it REALLY have been so easy, we just couldn't believe it? Of course it was all done with Monopoly money, but it appears that even Ben's funny money works as long as no one asks the hard questions.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-68594058885990167552012-02-18T18:05:43.129-08:002012-02-18T18:05:43.129-08:00I think trading is very interesting this year and ...I think trading is very interesting this year and if we can get our heads out of the sand and look at charts in an unbiased manner, we can make a lot of money. Unfortunately, a majority of us will stay in the sand, so that the rest of us can make money. It's the nature of the game. Long AGQ, AG, TSL, JKS, MOBI, since Monday-Thursday. Sold MHR on Friday for a nice little gain. Will probably sell most longs this week and go long FAZ at 24 and change.Winhttps://www.blogger.com/profile/04040943114916173740noreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-9482368817578188092012-02-18T17:54:22.632-08:002012-02-18T17:54:22.632-08:00The debt ceiling issue was really dramatic back th...The debt ceiling issue was really dramatic back then. The media painted a picture of doom and gloom, as if the world as going to end. And then booom, the debt ceiling was raised, and the market tanked. If I'm not wrong, the debt ceiling needs to be raised again sometime this year, any ideas?Jamesnoreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-51359428810710887372012-02-18T17:36:30.178-08:002012-02-18T17:36:30.178-08:00If the so called deal is spinned positve all day M...If the so called deal is spinned positve all day Monday--I expect futures to ratchet up to extremes by the time our market opens on Tuesday. Then when all the late bulls are in and late bears have<br />short covered------we could get a flash crash.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-71976034450557469472012-02-18T10:27:55.818-08:002012-02-18T10:27:55.818-08:00Hang in there man. I have been writing more about...Hang in there man. I have been writing more about economics lately (that's how boring trading is right now lol!). It could just be one of those years like 2003 where the market almost went up every week for the whole year.Wu Di Capital, LLChttps://www.blogger.com/profile/13947624168435964663noreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-27199371682822158132012-02-18T10:15:25.247-08:002012-02-18T10:15:25.247-08:00I've been burned so many times I plan on being...I've been burned so many times I plan on being burned again... Thats as thought out as I get... I'm short VIA March puts on 3 major indexesAnonymousnoreply@blogger.com