funny even though I consider Steve and I experts - everyone
always looking for other experts LOL
whom do I follow? very few, and I don't look at all their stuff
- I'll get targeted information that they specialize in that I
don't - I use as a tool. Otherwise I try not to look at too
many other market opinions as it clouds my own or gives me too many
options and I lose some my conviction which is good on its own- I
do well enough following my own stuff
I talk to one fund manager on Monday's and texts throughout the
week, who manages 70 Billion, he basically asks me questions about
what I think about the market, or this index,, or that index, or
this or that stock - he's just looking for my opinion on stuff and
he uses that info to make his own decisions. However I get some
useful info from him at times, like when he was in Asia back in the
early Fall - he met with a lot of leaders and was told that China
would be reopening fully (well before it did) which was a good
early warning that the Chinese stocks would start leading, which
they did starting in Oct
Posted by DigiNomad on 24th of Jan 2023 at 11:28 am
Matt, I imagine there are quite a few of us financial
professionals on here (would be interesting to know how many
of us have CRD numbers, etc.). I personally love
hearing different viewpoints on markets and strategies. It's
synergistic with my analysis and is the reason I've been with you
for so many years. It's a similar reason that I prefer Fast
Money over Mad Money. Mad Money lacks the synergy of competing
ideas/opinions (like you get with BPT during the day). In Fast
Money you get a panel of people that very often disagree with each
other. Whereas, Cramer doesn't have anyone punching back at him on
Mad Money when he has a hair brained investment thesis (not a rare
occurrence for him).
we do overall have rules for the community that used to be
listed on the old website in a 'Blog Rules' area, such as no strong
political posts, no harassing others, and no advertising other
websites, which we almost never enforce - but in the past I have
had 3 - 5 people start their own website here, then use this place
to get a bunch of subscribers to their site that I had to battle
with. I've also had other sites post here anonymously and
post links to their site - it's generally why I don't like posting
competing websites.
yes there's an amalgamation here: a lot of individual traders,
and a lot of professionals such as brokers, RIA's, some hedge fund
guys, working professionals, doctors, lawyers, folks from New
Zealand and Aussi, England, Germany, Canada. retirees, some
students in college etc, all walks of life
Posted by limitless on 24th of Jan 2023 at 10:32 am
Honestly, I have totally given up listening to anyones
opinion which are a dime a doze. ALL I want to see are the charts
and what the Elliottwaves are preicting ...Much in advance of
any opinions ...and importantly where the stop losses should be.
That is ALL that matters...in my humble opinion!! Most
everything else is a gamble
Key Takeaways Mark Newton SPX and
Posted by rbreese on 24th of Jan 2023 at 10:00 am
Key Takeaways Mark Newton
Sorry. I have no Idea
Posted by limitless on 24th of Jan 2023 at 10:05 am
Sorry. I have no Idea of who Mark Newton is. But does he have a good track record? Is there a website I can check him out' Thanks for your postings.
funny even though I consider
Posted by matt on 24th of Jan 2023 at 10:18 am
funny even though I consider Steve and I experts - everyone always looking for other experts LOL
whom do I follow? very few, and I don't look at all their stuff - I'll get targeted information that they specialize in that I don't - I use as a tool. Otherwise I try not to look at too many other market opinions as it clouds my own or gives me too many options and I lose some my conviction which is good on its own- I do well enough following my own stuff
I talk to one fund manager on Monday's and texts throughout the week, who manages 70 Billion, he basically asks me questions about what I think about the market, or this index,, or that index, or this or that stock - he's just looking for my opinion on stuff and he uses that info to make his own decisions. However I get some useful info from him at times, like when he was in Asia back in the early Fall - he met with a lot of leaders and was told that China would be reopening fully (well before it did) which was a good early warning that the Chinese stocks would start leading, which they did starting in Oct
Matt, I imagine there are
Posted by DigiNomad on 24th of Jan 2023 at 11:28 am
Matt, I imagine there are quite a few of us financial professionals on here (would be interesting to know how many of us have CRD numbers, etc.). I personally love hearing different viewpoints on markets and strategies. It's synergistic with my analysis and is the reason I've been with you for so many years. It's a similar reason that I prefer Fast Money over Mad Money. Mad Money lacks the synergy of competing ideas/opinions (like you get with BPT during the day). In Fast Money you get a panel of people that very often disagree with each other. Whereas, Cramer doesn't have anyone punching back at him on Mad Money when he has a hair brained investment thesis (not a rare occurrence for him).
we do overall have rules
Posted by matt on 24th of Jan 2023 at 11:45 am
we do overall have rules for the community that used to be listed on the old website in a 'Blog Rules' area, such as no strong political posts, no harassing others, and no advertising other websites, which we almost never enforce - but in the past I have had 3 - 5 people start their own website here, then use this place to get a bunch of subscribers to their site that I had to battle with. I've also had other sites post here anonymously and post links to their site - it's generally why I don't like posting competing websites.
yes there's an amalgamation here: a lot of individual traders, and a lot of professionals such as brokers, RIA's, some hedge fund guys, working professionals, doctors, lawyers, folks from New Zealand and Aussi, England, Germany, Canada. retirees, some students in college etc, all walks of life
Thank you Matt for Breakpoint
Posted by bosco on 24th of Jan 2023 at 11:57 am
Thank you Matt for Breakpoint Trades, always accessing community chat every day, most of my money made from BPT, helps me stay grounded, unemotional!
I have a CRD #
Posted by watcdy on 24th of Jan 2023 at 11:31 am
I have a CRD # :) also a 7-63-56-& 24. basically all licenses to sell or manage- nothing there about trading expertise. :(
CFP designation was accepted instead
Posted by DigiNomad on 24th of Jan 2023 at 11:40 am
CFP designation was accepted instead of the 65 when I was forming my RIA....so I have had nothing but that all these years.
I always go with the
Posted by retirefire on 24th of Jan 2023 at 10:47 am
I always go with the man who has the uranium dinner plates. Never fails. Still can't get steve to admit he has a crystal ball ?
Honestly, I have totally given
Posted by limitless on 24th of Jan 2023 at 10:32 am
Honestly, I have totally given up listening to anyones opinion which are a dime a doze. ALL I want to see are the charts and what the Elliottwaves are preicting ...Much in advance of any opinions ...and importantly where the stop losses should be. That is ALL that matters...in my humble opinion!! Most everything else is a gamble
Does Mark Newton still work
Posted by kevindeng0727 on 24th of Jan 2023 at 12:59 pm
Does Mark Newton still work for Tom Lee?
Followed him for a while before he joined Lee. Maybe slightly above average but not great. He knows Demark systems quite well though it seems.
Yes, he works with Lee
Posted by rbreese on 24th of Jan 2023 at 01:16 pm
Yes, he works with Lee . He does really believe in cycles too besides Demark.