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Well thanks for confirming Matt, I don't know who opened it on my end, but it doesn't matter cause I was long anyway. Scaled out half today, lets see what happens next week. The feeding trough has been put out so that fat cattle can get fatter (ie. did the debt ceiling really get lifted...again?). More monopoly money to the masses, (they are the last to feed).

Just a side note, when they orchestrated  the world wide covid payments to everyone, (which was obviously necessary), I kept telling family and friends there are no free lunches and they have a plan to take it all back, "and then some!". Well the chickens have come home to roost, so batten down the hatches for more debt. If you have kids and spare money, give it to them now, cause they need it more than ever to get a leg up. We're all living longer and they will be broke by the time your six feet under, cause their inheritance wont even scratch the surface. Help your kids get out of debt as fast as possible.... All in IMHO :)

The emotional commentary here is

Posted by vasiboy on 2nd of Jun 2023 at 06:19 pm

The emotional commentary here is just like other blogs. When people put their money on the line in this market, it is essentially gambling so treat it as such. Matt and Steve will tell you this and that and they put so many trades out there that a few are bound to hit the mark and they are right. You never hear about the trades that went awry.

Also Arun constantly throwing the pebbles and hitting everyone on the back of the head with the permabull comments is more than useless.

You need to play both sides of the game, have a longer term plan (cause this market will s#!t itself eventually), and a short term plan. Otherwise keep your money in a good savings account.

The big takeaway from the comments today is Steve's one about PE has blown out again, but that should be part of everyone's "longer" term play, cause it can stay this way for months.

PS did anyone get an email about the SPY system going long the other day? I didn't, but doesn't matter cause, I went long anyway.

Welcome to the game. Once

Posted by vasiboy on 26th of May 2023 at 06:23 pm

Welcome to the game. Once you realize that the market is about conning you out of your money, you will change your attitude and play the game differently.

Title: comment

Manual trading is all I have ever done, I have my own methodology and risk tolerance and I predominantly trade forex and indexes (worldwide).

Reason I subscribed is because of the advertising you were doing saying things like we made 4000 spx points with our system trades, and the systems are asleep.

So we shouldn’t expect any system trades if the market is trending up or sideways?

Reversion to mean systems should

Posted by vasiboy on 24th of May 2023 at 04:25 pm

Reversion to mean systems should have picked up on this, the market was way to extended from MA's on Friday, pierced upper bollinger band twice, and now has left an open gap at 4133-42

People seek confirmation bias, so they find a narrative to suit. It works until is doesn't, then there is alot of naval gazing.

I don't want to sound like I'm having a go here, but do you really believe this, or would like it to happen? Cause your 401k will disappear as well. Personally I don't believe any of this, these guys draw conclusions to fit their narrative.

There's your thumbs up

OPEX very interesting chart

Posted by vasiboy on 15th of May 2023 at 07:51 pm

There's your thumbs up

Maybe I should clarify;  if

OPEX very interesting chart

Posted by vasiboy on 15th of May 2023 at 07:43 pm

Maybe I should clarify;  if your methodology works, why do you need to spruik for subs, at ridiculous prices? Your service here is very reasonable and its obvious you put your money where you mouth is. I have traded for many years and the amount of "research" that is available (for a fee) just keeps growing exponentially. Usually when you see it, it doesn't work any more. Unlike you, who is constantly tweaking because, when too many are on the same bus, well you know the story.

Ahh these "rear view mirror"

OPEX very interesting chart

Posted by vasiboy on 15th of May 2023 at 07:21 pm

Ahh these "rear view mirror" charts, Past performance is no guarantee.... of anything.

Don't get me started...   

M2 money supply

Posted by vasiboy on 2nd of May 2023 at 04:55 pm

Don't get me started...   

Ahhh these fear charts, there

M2 money supply

Posted by vasiboy on 2nd of May 2023 at 04:49 pm

Ahhh these fear charts, there is still tons of money out there in circulation, the fed is trying to normalize things but they are fighting inept politicians.

I am betting with a comment like that, you are a buy and hold guy... so what is going to happen next week?

This whole AI, is going

Posted by vasiboy on 25th of Apr 2023 at 05:13 am

This whole AI, is going to disrupt our society and not for the better. I feel sorry for our kids who have spent years studying only to get shafted by this crap. Everyone back to cheap manual labor earning peanuts, while the few profit from it. I hope these numb skulls who have developed this understand the social damage this is about to do.

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