I had some very nervous guys text and talk to me about the
systems really worried, and rightfully so,, esp this morning when
it was down. I gave them my thoughts of a possible bear trap
reversal.
The thing about the systems land your ones emotions: Whenever
you feel like you can't stand it any longer and are about to sell,
more often than not that's where price reverses - your emotions
tend to be at their extremely right at major inflection points.
Also kind of funny: Just like the mean reversion systems look
for a mean reversal in price, things are too stretched, your
emotions also get too stretched:
Your emotions were at an extreme point and needed a 'mean
reversion' as well LOL
Boil ,sweet!
Posted by lamb on 6th of Oct 2023 at 11:18 am
Boil ,sweet!
Friday run up I guess
Posted by srusso1 on 6th of Oct 2023 at 11:30 am
Friday run up I guess didn't see this nice. The systems did
Steve also had a great
Posted by matt on 6th of Oct 2023 at 11:37 am
Steve also had a great call. Last night we talked about how we thought a move down would be a bear trap, and that's exactly what unfolded
I had some very nervous
Posted by matt on 6th of Oct 2023 at 11:43 am
I had some very nervous guys text and talk to me about the systems really worried, and rightfully so,, esp this morning when it was down. I gave them my thoughts of a possible bear trap reversal.
The thing about the systems land your ones emotions: Whenever you feel like you can't stand it any longer and are about to sell, more often than not that's where price reverses - your emotions tend to be at their extremely right at major inflection points.
Also kind of funny: Just like the mean reversion systems look for a mean reversal in price, things are too stretched, your emotions also get too stretched:
Your emotions were at an extreme point and needed a 'mean reversion' as well LOL
When there's blood in the
Posted by elementsix on 6th of Oct 2023 at 11:56 am
When there's blood in the streets... BUY!
Now see if we get
Posted by srusso1 on 6th of Oct 2023 at 11:46 am
Now see if we get a higher low SPX or SPY.