Sectors signaling market top
Leading indicators signal a market top - MarketWatch
Leading indicators signal a market top - MarketWatch
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tsptalk's Market Talk
- Thread starter tsptalk
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O
OBXTrader
Guest
Today I input more flawed data into my Shoe Box trading system with broken clock oscillator about what would happen Monday and it said to consult my magic 8-ball. Magic 8-Ball said "Ask again later". Based on that guidance, I moved from L2050 to L Income to keep an oar in the water and reduce risk. I still have an IFT left this month to buy into a dip or an acceleration.
As we all know this system accurately predicted yesterday and today's action, so it was right twice just like a good broken clock. So, the oscillator functioned perfectly in beta testing but it was murky for next week.
As we all know this system accurately predicted yesterday and today's action, so it was right twice just like a good broken clock. So, the oscillator functioned perfectly in beta testing but it was murky for next week.
New indicator?
wavecoder
Active member
New indicator?
Well it can't work 100% of the time, cause whenever markets are up over 1% in a day, there's a lot of woo-hoo'ing going on :laugh:
but in general i noticed big down days = major activity here lol.
The reason stated in the article seems to me like a flimsy excuse.. Maybe market mavens just decided, it's time for a correction??
Stock futures tumble, traders blame China regulatory news - MarketWatch
Stock futures tumble, traders blame China regulatory news - MarketWatch
Lakebound
Member
I agree. Someone got a wild hair up somewhere and people are reacting. Me? I might bail before noon or I might stay and buy some bargains on Monday. Unemplyment is lowered since 2000, many companies have posted good earnings numbers.
The sky isn't falling unless you want it to.
Frank
China regulatory news? Boy, who knew that would matter so much over here?
China’s securities regulator tightened rules on margin lending
China’s securities regulator tightened rules on margin lending
exnavyew
Well-known member
Hmmm....when all else fails, read the directions. :embarrest:
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