THUMB IN THE AIR INVESTOR

[Guest]

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From briefing.com:

[align=right]Time (ET)
Statistic
For
Actual
Briefing Forecast
Market Expects
Prior
Revised From[/align]
[align=right]8:30 AM
Nonfarm Payrolls
Jan
146K
215K
200K
133K
157K[/align]
They had the over at 215K. Only a miss of 32%...not to bad for 30 economist working on the number. It took me about 10 minutes to figure out it was going to be a major surprise lower. Keep listening to the experts...

Not sure why you get your data...good luck!

Please stay long...I love to hear those stories....WAAAAAAAA...if I did not lose 30% I would of been able to retire this year......WAAAAAAAAA.

MT

 

[Guest]

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MarketTimer wrote:

From briefing.com:


[align=right]Time (ET)
Statistic
For
Actual
Briefing Forecast
Market Expects
Prior
Revised From[/align]

[align=right]8:30 AM
Nonfarm Payrolls
Jan
146K
215K
200K
133K
157K[/align]
They had the over at 215K. Only a miss of 32%...not to bad for 30 economist working on the number. It took me about 10 minutes to figure out it was going to be a major surprise lower. Keep listening to the experts...

Not sure why you get your data...good luck!

Please stay long...I love to hear those stories....WAAAAAAAA...if I did not lose 30% I would of been able to retire this year......WAAAAAAAAA.

MT

Don't remember it that way, but hey, I'm sure you wouldn't lie.

No relpy to the other comments?

 

[Guest]

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You said you weren't going to post anymore. Guess that was a lie.

 

[Guest]

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Just had to prove....you be the liar...." Briefing.com said the job report wouldl be lower. Nice try." :X

Have a great day Tspliar....they have the over of 215K.

By the way can you please tell us why you are posting incorrect facts? That is not helpful to the people that do not know where to go to check your facts.

Good luck! That is about all you have.

 

[Guest]

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LMAO, whatever dude. Step up or shut up.

 

[Mike]

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Actually, I pulled money off the table without any input from you, MT.

On Thursday night, I decided if the jobs report was a surprise to the negative side, I'd bail out. Fortunately, investors went nuts after the bad report due to lower inflation / interest hike fears, so I came out pretty well.

Assuming the DJIA is a head and shoulders right now is simply a bearish guess. We won't have confirmation until it breaks out to the high side or to the low... which is why it's useful not to be overly exposed at the moment. If it breaks above the head and nullifies the pattern, then it's merely a matter of waiting for some weakness to buy back in. If it breaks down on the low side, then it's just a matter of continuing to sit in stable securities until a bottom is made.

Until we see some firm movement, the market is sending me a giant yellow light signal in the meantime.

 

[tsptalk]

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Worrying about being right rather thanhaving an open mind will eventually hurtany investor. I can't imagine a market timer (not markettimer, all of us) canbe successfulover the long termif they let their ego control them.I have been humbled too many times to think I am smarter than the market.Proving I was right never made me an extra dime. Trying to prove someone else wrong will naturally make you a lightening rod for controversy and distract you from what is really happening. The market is bigger than all of us. Stay humble. Stayflexible.

This is not intended to "bash" anyone. I'm just sharing what I have learned duringmy 20 years of investing and trading.

Good luck.

 

[Guest]

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You are correct. My uninformed speak did not make anyone to stop and think...maybe the experts with their this is normal profit taking...were wrong. I just know in my heart certain folks would of been a deer in the headlight...and not did a darn thing.

Besides...this my response was to TSPLiar that I am only repeating others. Yes, all the other were saying the job report would be 140K and the market would go down starting the first of the year. And briefing.com predicted the job report would come in lower then 200K...I guess 215K is lower then 200K???

Have to take my post in context. However, I do read the market thou data and charts, not need or greed. Need, greed or thinking I am going to miss out on the next rally will get ya everytime...

Buy strength, sell weakness...buy good economic data (have we had any in the past two weeks) and sell bad economic data.

Good luck out there.

MT

 

[Guest]

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And ebay was not getting smashed because of their raise in fee structure....hmmm they just put out they are rethinking that...WONDER why?

No that MT is a total idiot. Ebayis one of my best shorts of the year...thank you for the money and playing our game. Even warned you not to buy it. :shock:

MT

Yummy, Yummy:

 

[Guest]

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[Guest]

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MarketTimer wrote:

Have you read that IPOs this month will breaked a five year record??? Five years ago was Feb 2000. There are 20 IPOS this week....

I know I appear to be gloom and dome but the only one that does not read the charts and the data are fools.

Good luck!

MT

If the IPOs "breaked" a five year record, that doesn't impress me MT since the last 5 years have been fairly dismal. Yes, March 2000 was the last top, but the NASDAQ went down 80% from that level and its nowhere near where it was....

You don't seem "gloom and dome" to me. You seem wedded to a position and nervous that it won't come to pass.

 

[Guest]

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MarketTimer wrote:

The mainreason I do not like posting here is people like you...all you do is bash but you provide no investing insight. What calls have you made? I do not remember you saying the job report would come in at 140K (a major surprise) but not for the people here, huh?

Why should I waste my time posting here. Recent history...everyone thought the rally would continue today....the people that took my adviced and went 100% G are all ready saved some good money.

Good luck and stay long.

MT

You seem to love posting here. Didn't you already say that you were leaving and never coming back several times? And MT, you ALSO bash people. You can dish it out but you can't take it. When you speak, it is "insight". When others respond, it is bashing. Try to lighten up, Morpheus.

 

[Guest]

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MarketTimer wrote:

"Yours is basically posting what someone else says."

Like the job report would come in at 140K.

Like the market will go down starting the New Year.

Like Monday (today) would be a down day.

Like the economy is slowing and inflation will go above GDP.

Yes I remember everyone saying the above.

I would put my returns against yours any day. Because I was up big today on short contracts...thank you for your money and playing the game.

Good luck!

MT

Unless you were long the dollar, I don't see where you could have made a killing yesterday, MT. It was a flat day.

 

[Guest]

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MarketTimer wrote:

are you freaking crazy...that is a like the clearest example of a head and shoulders top you will every see...it is like text book...........

I want you to stay long so that us hands on deck can hear your pain...

text book head and shoulders...it is like perfect:

left shoulder, head, right shoulder...elbow, hand, knee, floor...I can say no more..

Thanks Spaf and Tom. Yes, I see..he was discussing the DJIA for Nov-Jan. There never was a definite right shoulder that formed, IMHO. And as we all now know, it broke to the north after that...

But, I mean, this was only a little 3 month formation....nothingmuch to talk about... I thought there was talk of a monumental NASDAQ formation that would bring down the entire US deck of cards. I don't see anything like that on thehorizon. Isee the NAS in a very slow movement up.