Thank you folks for your support.
Here is one interesting article from Stock Trader's Almanac which is really humbling:
http://blog.stocktradersalmanac.com/post/New-Highs-But-3-Peaks-Top-Looms
If all these market experts can accept that they also make mistakes in their call, who am I to sit with an inflated ego. After all the purpose of this blog is to share ideas and to become a better trader.
Here is one interesting article from Stock Trader's Almanac which is really humbling:
http://blog.stocktradersalmanac.com/post/New-Highs-But-3-Peaks-Top-Looms
If all these market experts can accept that they also make mistakes in their call, who am I to sit with an inflated ego. After all the purpose of this blog is to share ideas and to become a better trader.
thks. interesting article.
ReplyDeletewe either made top last friday or if we move higher - your above is correct.
"It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat.”
ReplyDelete― Theodore Roosevelt
Hang in there BB!! The market keeps us all humble. I enjoy your blog -- read it daily. Keep it up!! Ignore the cold & timid trolls
CAH
Thanks friends.
ReplyDeletewell BB..look at the dollar futures chart...thr lower bolinger band in daily chart has moved far below the CMP....i dont see good reversa on dollar without touching the lower level...what do u think
ReplyDeleteI like your write-ups. You do good work. You're a man of conviction with none of this "my primary call is the market will go up while my alternate call is the market will go down" nonsense other blogs seem to get away with ... and charge a fat fee for the silliness while they claim they're always right.
ReplyDeleteWear the trolls like a badge of honor.
The media is filling with stories about the amazing employment recovery and how it's finally safe to go all back into the stock market again.
ReplyDeleteAt the current rate of climb the SP500 will be something like 2200-2300 by the end of the year.
The central bankers are pushing on a string. Your calls will be more right than wrong ... soon.
Thank you! TexEx
ReplyDeleteI bought thinking a downturn was coming. Was it your fault HELL NO! I pulled the trigger early. I had seen what you seen. I come to this site as I go to others to get a variety of opinions. I ENJOY yours and will continue to visit. THANK YOU. please keep up the postings as I continue to learn. I still hold my short position from MID JAN down 20%. Am I flustered...yes. beaten, NO! I'll have my day :) i too an anonymous..LOL
ReplyDeleteThanks Guys. I only wish the Troll would have the courage to give his ( I am sure it is a he) ID so that I can challenge him. I have a fairly good idea that this one is a narcissist from SOH
ReplyDeleteThanks for your sharing on the article on New Highs But 3 Peaks Top Looms by Jeffrey A. Hirsch however i think that we are now should be in the count of 21-23 instead of 17, with the uncertainty whether Greek will default and leaving Euro zone so a correction should be made in Feb (like last year mid Feb to mid March correction) and with a final rally with the news of Facebook IPO should be around Mar and Apr (not sure a higher high or lower high than Feb 2012 one)
ReplyDeletePersonally i think we will be having a diminishing marginal return to QE, see QE 2 rally is only 2/3 of QE1 rally so this speculation of QE3 rally should also smaller than QE3.
The above just my 2 cents, i might be wrong however that's what my view as of now.
By the way, thanks BB for all your sharing, I appreciate for your good work and please keep this up.
Best
Thanks folks. Really appreciate.
ReplyDelete