99percent's Account Talk

[Kaufmanrider]

Just finished Strategic Stock Trading by Michael Swanson. Lot of stuff not aimed at TSPer's but a lot of good stuff about market sentiment, emotion in trading etc...pretty short read. Also gives info on how and which charts to read. What to look for.

Just starting High Probability Trading by Marcus Link recommended by JohnRoss. Look out!

I started by reading the "All About" series. All About Market Indicators, All About Market Timing, All About Technical Analysis, and getting ready to order All About High Frequency Trading. Each about 200 pages in paperback.

Good Luck.

 

[99percent]

The contrarian in me notices the excessive optimism permeating the mainstream media and sentiment surveys. Historically, buying when the "crowd" is this excited about stocks is not a good idea in the long term. Therefore, some weakness to temper enthusiasm and shake off bulls and suck in bears should be expected at some point. However, I think this weakness will be a good entry point.

 

[99percent]

Got the TSP Newsletter today. Clicked the link to take the survey, here's what I got.

This Survey has been deactivated by the owner.

 

[sniper]

The contrarian in me notices the excessive optimism permeating the mainstream media and sentiment surveys. Historically, buying when the "crowd" is this excited about stocks is not a good idea in the long term. Therefore, some weakness to temper enthusiasm and shake off bulls and suck in bears should be expected at some point. However, I think this weakness will be a good entry point.

I'm keeping my eyes for signs of a reversal, but until that happens, ride these rallies till the wheels fall off and get paid

 

[99percent]

Pretty good read on how the Fed is helping drive the market. A cautionary tale or a heads up...

Lance Roberts: Visible Hand Of The Fed - Business Insider

 

[RealMoneyIssues]

I am the 6%

 

[99percent]

I am the 6%

Livin' the dream...

 

[RealMoneyIssues]

Livin' the dream...

Well, not really... I just realized that the chart I was looking at was based on AGI... so I guess I am back to the top 50%...

 

[99percent]

Lots of technical jargon but I think he is predicting a market top between Jan 16 and Feb 24. More specifically, the 24th...... I think. Scroll to the bottom, that's what I did.

Lindsay Bull Market Top Forecast | Ed Carlson | Safehaven.com

 

[99percent]

Flirting with history or disaster? Sorry, don't know how to make the image larger.

 

[99percent]

uh oh...

The Investment Rate Warns Of A Major Market Turn Down - Seeking Alpha

 

[Birchtree]

The Fed is going to pump well into 2015.

 

[99percent]

Ben's bond bubble?

Bernanke Blows Bond Bubble into Stocks | Michael Pento | Safehaven.com

 

[nnuut]

Ben's bond bubble?

Bernanke Blows Bond Bubble into Stocks | Michael Pento | Safehaven.com

We are doomed!

 

[sniper]

save us helicopter ben

 

[99percent]

Oh, oh... domino effect? Just remember, don't panic.

How the Gold Market was Crashed | Bill Downey | Safehaven.com

 

[99percent]

Okay, I may only have 97 Likes, but those are QUALITY LIKES, pal! :toung:

 

[userque]

except one

 

[99percent]

I swear to God I am so PISSED at the S fund right now!

 

[jkenjohnson]

You need some Dramamine.

https://www.youtube.com/watch?v=2hEUbezqd88&feature=player_embedded