Intrepid_Timer's PUBLIC Account Talk

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Re: Cramer: Post-Gaddafi, Dow to Rally 1,000 Points

law87 said:
credible or not he's pretty damn funny lol all i'm saying is, i know some people who is a die hard fans of cramer and walk away with less in the bank.
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I personally don't like either one but have to admit Jon Stewart is funny.
 
The Dow may or may not rally 1000 pts after Quackdafi losses power, but I doubt it has anything to do with him. The market goes where it wants to, when it wants to. In my opinion, outside sources are just excuses to give reason to the market movements, other than what the truth is. I believe the truth is all about professional traders and market cycles. If not, how does one explain the charts and how move down to exact support levels and up to exact resistance levels again and again and again? Finding these levels and determining which ones are the turning points is the holy grail of trading.......

The S fund fell 3.41% in a 3 day period in Jan and fell 3.99% in a 3 day period in Feb. Anybody remember why? The media will have you believe it's ALWAYS something, other than normal market gyrations. As of yesterdays's close, the S fund is down 1.90% in a couple days. Are we done? Are we headed lower? I don't know. I'm in the G fund and missing yet another "black swan" induced drop............;)
 
Re: Saudia Arabia this Friday

I read it online, probably cnbc, last week. Can't find the exact article, but it just mentioned that there coul dbe potential drop if there is protesting in Saudia Arabia since we get a lot of oil from them. Just wondering if anyone had an opinion on it.


law87 said:
what? where is your source for this?
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Intrepid_Timer said:
The Dow may or may not rally 1000 pts after Quackdafi losses power, but I doubt it has anything to do with him. The market goes where it wants to, when it wants to. In my opinion, outside sources are just excuses to give reason to the market movements, other than what the truth is. I believe the truth is all about professional traders and market cycles. If not, how does one explain the charts and how move down to exact support levels and up to exact resistance levels again and again and again? Finding these levels and determining which ones are the turning points is the holy grail of trading.......;)
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I can buy into the professional trader idea but not market cycles, except perhaps for seasonality or certain things do well in a bear market, others in a bull market. But saying there are cycles is implying a causal force that is inherent in the system, or at least emergent from the system.
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Britts4life said:
I can buy into the professional trader idea but not market cycles, except perhaps for seasonality or certain things do well in a bear market, others in a bull market. But saying there are cycles is implying a causal force that is inherent in the system, or at least emergent from the system.
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All I know is, just about every month has some type of pullback. The talking heads always have some outside reason for this. I just see it as "normal" in a typically atypical market...............;)
 
We are currently under the auspices of the 2-year, 4-year, and 6-year cycles which will begin to peak in September of this year. With these three cycles in the up phase the stock market should have enough of an impulse to keep the recovery alive and make headway through most of 2011 before the 6-year cycle peaks. I'm a firm believer of cycles because I've ridden enough of them over the years. An investor is free to believe in any concepts that may help provide an edge in the investment arena. That arena is wide open and will take your money without compunction.
 
Birchtree said:
We are currently under the auspices of the 2-year, 4-year, and 6-year cycles which will begin to peak in September of this year. With these three cycles in the up phase the stock market should have enough of an impulse to keep the recovery alive and make headway through most of 2011 before the 6-year cycle peaks. I'm a firm believer of cycles because I've ridden enough of them over the years. An investor is free to believe in any concepts that may help provide an edge in the investment arena. That arena is wide open and will take your money without compunction.
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Can't believe I just gave you a +1..............:p
 
Birchtree said:
We are currently under the auspices of the 2-year, 4-year, and 6-year cycles which will begin to peak in September of this year. With these three cycles in the up phase the stock market should have enough of an impulse to keep the recovery alive and make headway through most of 2011 before the 6-year cycle peaks. I'm a firm believer of cycles because I've ridden enough of them over the years. An investor is free to believe in any concepts that may help provide an edge in the investment arena. That arena is wide open and will take your money without compunction.
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IT, if I may continue this here for only a moment more,,,
Birch, very politely and respectfully, because I do appreciate your tenacity, experience and openness, can you provide any insight into what drives these cycles?
 
Hey Birch,

The banks are going nuts today! I guess BAC's CEO Brian Moynihan is delivering some good news today at its first analyst day meeting since February 2007. Long and Strong BAC, C, JPM, HBAN and WFC!
 
Let that be a lesson learned. I had the good fortune of buying many that were oh so very low and now the dollars are racking up points like on a pin ball machine. That deaf, dumb, blind kid sure plays a mean pin ball.
 
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