tag:blogger.com,1999:blog-6062751687592413583.post9184990724684050455..comments2024-03-26T21:56:51.634-07:00Comments on World of Finance.: Cake Is Still Baking.World of Financehttp://www.blogger.com/profile/14109552944903875871noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-6062751687592413583.post-44073744280487187832012-07-06T12:37:57.611-07:002012-07-06T12:37:57.611-07:00Now you know why I am not short yet. 20 more minut...Now you know why I am not short yet. 20 more minutes to close. Anyone guess the close in SPY?World of Financehttps://www.blogger.com/profile/14109552944903875871noreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-19040740114196409282012-07-06T06:43:29.870-07:002012-07-06T06:43:29.870-07:00I am confused with your comment. When you say cost...I am confused with your comment. When you say costly, what have you lost by staying on the sideline? Market have gone nowhere in this entire period except violent moves from one side to another.<br />Yes, we are in the zone and as I keep repeating, this is not an exact science and I am still waiting for the confirmation that we have reached the top.So if the confirmation comes by next Wednesday instead of this Friday, what have you lost? I do not mind giving up few points either way just to make sure we are not caught in a whipsaw.<br />If you do not like waiting and want action all the time, this blog is not the right place.I am not a day trader and I do not write for day traders.There is no guarantee that I will always get the best entry, at least I try to minimize risk.World of Financehttps://www.blogger.com/profile/14109552944903875871noreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-75519062361848974762012-07-06T05:38:53.297-07:002012-07-06T05:38:53.297-07:00I am a bit confused, we are now in both your time ...I am a bit confused, we are now in both your time and target zone, and we are still waiting, waiting for the 5th wave have been costly for both side the last few months imo.Anonymoushttps://www.blogger.com/profile/09959780826095436704noreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-78347217230474994892012-07-05T19:44:30.726-07:002012-07-05T19:44:30.726-07:00Well,have I not called most of the moves correctly...Well,have I not called most of the moves correctly? I am not a day trader, so my focus and time span is different and I am not really worried about the day to day movement of the market. I am looking for a longer term trend and trying to play safe.<br />NYMO is just another indicator among many technical indicator but I use it to find over bought or oversold levels. It is fairly reliable.<br />Thanks for reading. Please share it with your friends.World of Financehttps://www.blogger.com/profile/14109552944903875871noreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-16904442954845664122012-07-05T19:38:49.549-07:002012-07-05T19:38:49.549-07:00BB, Thanks for your sharing.
i am amazed to see ...BB, Thanks for your sharing. <br /><br />i am amazed to see your first prediction in last post<br /><br />With NYMO very high, we may see a pullback tomorrow.<br /><br />Could you share with us more about this indicator ?Mikeyhttps://www.blogger.com/profile/14233807509984483683noreply@blogger.com