marketguy -- do what you need to do, but I think its a mistake
to leave because a few people pick on you. Many more people
on the blog appreciate your posts and comments. For some
reason these few guys feel the need to react again and again to
your bearish bias. How many times have I read "if he has any
cash left" and references to your FAZ trade a year or so
ago..............and I actually don't get it -- what do they care,
its not their money. And you're never telling anyone else to
short.......
You never suggest or advocate for people to short the market,
you're just posting charts that often are full of bearish
signals. And exclaiming your amazement that none of it
matters and the market just keeps going up.
Personally, I like the fact that you freely state what your
positions are and the mistakes you've made in holding a bearish
bias at the wrong times. That can only help others on the
blog. And you post many interesting and thoughtful
charts.
Part of it is that you just can't believe the market just keeps
going up like this. And you're right. Its happening but
its not believable. So for me, nothing wrong with that
theme. But like I said, you never advocate shorting the
market and, if anything, point out your own errors in shorting too
soon.
Finally, you're in good company. Peter Campbell has been
making bearish posts on his blog for several weeks now, and Peter
has his act together.
Anyway -- my thoughts. And none of this long/short stuff
matters to me right now, I'm basically day-trading futures, and
will put money into the new SPX system.......
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marketguy -- do what you
comments
Posted by Michael on 14th of Oct 2010 at 06:09 pm
marketguy -- do what you need to do, but I think its a mistake to leave because a few people pick on you. Many more people on the blog appreciate your posts and comments. For some reason these few guys feel the need to react again and again to your bearish bias. How many times have I read "if he has any cash left" and references to your FAZ trade a year or so ago..............and I actually don't get it -- what do they care, its not their money. And you're never telling anyone else to short.......
You never suggest or advocate for people to short the market, you're just posting charts that often are full of bearish signals. And exclaiming your amazement that none of it matters and the market just keeps going up.
Personally, I like the fact that you freely state what your positions are and the mistakes you've made in holding a bearish bias at the wrong times. That can only help others on the blog. And you post many interesting and thoughtful charts.
Part of it is that you just can't believe the market just keeps going up like this. And you're right. Its happening but its not believable. So for me, nothing wrong with that theme. But like I said, you never advocate shorting the market and, if anything, point out your own errors in shorting too soon.
Finally, you're in good company. Peter Campbell has been making bearish posts on his blog for several weeks now, and Peter has his act together.
Anyway -- my thoughts. And none of this long/short stuff matters to me right now, I'm basically day-trading futures, and will put money into the new SPX system.......