Poolman's Account Talk

poolman · Nov 2, 2010

http://www.youtube.com/watch?v=3BxCK4NMDUA

http://www.youtube.com/watch?v=6J_vG7unOB4

http://www.youtube.com/watch?v=xxm8-7VnIcs&feature=sub

http://www.youtube.com/watch?v=m8XgnlIc_7s&feature=sub

http://www.youtube.com/watch?v=Ot2h9XCWVQo&feature=sub

poolman · Nov 3, 2010

http://www.youtube.com/watch?v=HNK7JZ5Qsa4

http://www.youtube.com/watch?v=XgqJyXeEEqc

http://www.youtube.com/watch?v=kVaNplEFMBU

http://www.youtube.com/watch?v=RJ9vyONlwNE

http://www.youtube.com/watch?v=fDTj6f694fU

JTH · Nov 4, 2010

Although I agree on principle with the Bearish PSAadmin, I have to wonder what he's doing while he's waiting for the market to fail? Seriously, we all have to make money and sitting out this last leg-up because we don't agree with the market has been a costly mistake for many.

A trader can increase his odds of being right, but the market is always right regardless of the outcome.

KevinD · Nov 4, 2010

Very diplomatic, JTH.

poolman · Nov 4, 2010

http://www.youtube.com/watch?v=RT9CX9KzXAA

http://www.youtube.com/watch?v=EhW88Coyilc

http://www.youtube.com/watch?v=1oaL51ch3wo&feature=sub

http://www.youtube.com/watch?v=HuZ_c8tlGTw&feature=sub

http://www.youtube.com/watch?v=OeiKfmEcl_M&feature=sub

JTH · Nov 4, 2010

I admit I like PSAadmin, he's got moxy for being one of the few bears left in the world. Thing is he's digging himself into a trench and I believe his thinking has some flaws. For one thing, he's been going on about the NASDAQ and how gappy it is. He even pointed out a post some guy made in his forum showing how 97% of the S&P 500's gaps get filled, and used that logic to backup his statement.

But the S&P 500 & NASDAQ are two different indexes that behave differently. By nature the NASDAQ has been the gappyest of the two. Just to be fair, I do believe the odds are in his favor on this issue, but that doesn't mean he's going to be right.

As a small example, circled in yellow are 3 NASDAQ gaps off the march 2009 bottom that never got filled. Thanks PM I do enjoy you posting these videos.

View attachment 10159

poolman · Nov 5, 2010

http://www.youtube.com/watch?v=4jmbY8xPGxg

http://www.youtube.com/watch?v=emkwnjPlClc

http://www.youtube.com/watch?v=fTnGBZIvVA0&feature=sub

http://www.youtube.com/watch?v=DprW0SZkjOc&feature=sub

http://www.youtube.com/watch?v=v9aUOD4WVnI&feature=sub

Frixxxx · Nov 5, 2010

Poolman,

Thanks for the vids....Tim was pissed!!!! I wonder who yanked his chain?

Brenna, who is nothing but a sweetie out there, asked an easy one today....quote stuffing is the big boy's bread & butter!

Have a great weekend!