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Poolman
Thx for posting this video from Oscar, haver seen this guy before, how does he do at determining which way the mkt goes?
Do you also do your own TA to figure out when to jump into and out of the mkt?
I was wondering when you were going to post that.
We're around the 18dma now. Next week is the big test for this market. While volume has been light it may also be a false signal that could be used to trap the bears.
Just trying to think like a crook here.![]()
Hi mdszj, Oscar IMO is pretty good at technical analysis although sometimes he is pretty hard to watch because of his enthusiasm.
I do look at charts everyday and take them into consideration with a bunch of other things. Economic Reports, News that we have already heard or anticipate hearing, Earnings for High Profile Companies, Fundamentals, Videos, Sentiment of the markets, Auto Tracker, Message Board, Futures, e-mails, etc...
I make lot's of notes, and Lists.
I always have an alternative game plan for getting myself out of trouble if I need to.![]()
I really liked the gutz you showed after the market tanked after your first IFT, and instead of bailing, you doubled down - before averaging out for a profit; I hafta say - I'm really puzzled by the rally - in light of weak economic data (some expected, some weaker than expected)....could be that the market has blinders on; looking at some indications of credit (like the 30yr mortgage rates), but not others or the big picture. Will be interesting to see next week's employment report, what is in store for the big 3, and any early retail numbers.
Other things I would like to learn about manoftruth are basic things such as, what does he do for a living?
Good God, Now Paulson is speaking. :suspicious:![]()