YOU GUYS HAVE DONE A FANTASTIC JOB! THERE'S A LOT OF FRUSTRATION
ON THE BOARD TODAY, SO I THOUGHT I'D PUT THIS UP FOR YOU:
"YOU CAN PLEASE SOME OF THE PEOPLE ALL OF THE TIME, YOU CAN
PLEASE ALL OF THE PEOPLE SOME OF THE TIME, BUT YOU CAN'T PLEASE ALL
OF THE PEOPLE ALL OF THE TIME."
Posted by padraigm on 23rd of Jul 2009 at 03:33 pm
I second that.
I have been at this for more than 40 years now and I have been
here just a few months but what Matt and Steve do in my experience
makes the word extraordinary an understatement!
AMEN ..... Personally I'm Surprise at all the
wine around going on the board ... You cannot blame anyone
but yourself on trading period. If you blame someone else
then shame on you ... Your not a trading and just a
FOLLOWER ... I was short today and lost .. I'm not
bashing BPT to defend my actions .. I took the trade and it
didn't work simple as that.
Matt/Steve do a KICK BUTT job ... Quit complaining and
learn. If your such a good trader than why did you miss
today move ... Stop this complaining ... It does no
good.
I just joined today and I like
the service and the information - last nights update did
indicate a pull back was in the offing but that the "breakpoint"
could resolve to the upside as well. Perhaps a more neutral call
would have been more clear...
I don't know about whining - it
would seem everyone here missed this move up because it was
(ostensibly) driven by fundamentals (if you ignore today's
Dept of Labor warning of expected unemployment INCREASES).
I don't know.
If you take a drug your doctor
prescribes and your hair falls out it's probably not entirely
your fault...but you do have to take the medication AS
DIRECTED.
Problem is the info on the charts
said one thing and the economic releases, sans labor, pushed the
other way...
mac -- no, its the opposite. The move up was visible on
the charts as a trend --whether you believed it or not and went
with it, is another story. What are the great fundamentals
driving this market? None that I can see, just a flood of
liquidity. For example -- why is SRS going down? -- its not
positive press releases -- there is no good news anywhere about
commercial real estate.
Mike - I said that in the update last night, Matt indicated that
the charts were showing 80 slo sto for 8 days and negative
divergence.
HE said that a pull back was likely but that it would have to
start today or we might get a bounce.
We got more than a bounce.
As for the fundamentals, I was addressing the way investors
reacted to the economice releases, such as housing sales and
earnings. I said they ignored the real news out of the DOL
concerning their opinion that unemployment will increase back to
above 600,000 per week.
Anyway, as I said, if you take the pill as directed and your
hair falls out their may be a problem with the pill OR the
DIRECTIONS OR the way the patient followed the directions...
Thats all I'm saying. An explicit neutral call off the
charts may have been a better call. PEACE!
mac -- just ignore me today. I definitely didn't mean to
be argumentative or disagreeable --though I see that I
was..........I bought a workout bench and brought it in to my
office, where I'll use it, to assemble it, and it was
off-gassing horribly and made me feel like
crap...............welcome to the blog -- peace.
QUOTE OF THE DAY: FOR MATT AND STEVE
Posted by puma on 23rd of Jul 2009 at 03:17 pm
YOU GUYS HAVE DONE A FANTASTIC JOB! THERE'S A LOT OF FRUSTRATION ON THE BOARD TODAY, SO I THOUGHT I'D PUT THIS UP FOR YOU:
"YOU CAN PLEASE SOME OF THE PEOPLE ALL OF THE TIME, YOU CAN PLEASE ALL OF THE PEOPLE SOME OF THE TIME, BUT YOU CAN'T PLEASE ALL OF THE PEOPLE ALL OF THE TIME."
ABRAHAM LINCOLN
I second that. I have been
Posted by padraigm on 23rd of Jul 2009 at 03:33 pm
I second that.
I have been at this for more than 40 years now and I have been here just a few months but what Matt and Steve do in my experience makes the word extraordinary an understatement!
Pat
AMEN ..... Personally I'm Surprise at
Posted by cspirit on 23rd of Jul 2009 at 03:25 pm
AMEN ..... Personally I'm Surprise at all the wine around going on the board ... You cannot blame anyone but yourself on trading period. If you blame someone else then shame on you ... Your not a trading and just a FOLLOWER ... I was short today and lost .. I'm not bashing BPT to defend my actions .. I took the trade and it didn't work simple as that.
Matt/Steve do a KICK BUTT job ... Quit complaining and learn. If your such a good trader than why did you miss today move ... Stop this complaining ... It does no good.
I just joined today and
Posted by macnsc on 23rd of Jul 2009 at 03:38 pm
I just joined today and I like the service and the information - last nights update did indicate a pull back was in the offing but that the "breakpoint" could resolve to the upside as well. Perhaps a more neutral call would have been more clear...
I don't know about whining - it would seem everyone here missed this move up because it was (ostensibly) driven by fundamentals (if you ignore today's Dept of Labor warning of expected unemployment INCREASES).
I don't know.
If you take a drug your doctor prescribes and your hair falls out it's probably not entirely your fault...but you do have to take the medication AS DIRECTED.
Problem is the info on the charts said one thing and the economic releases, sans labor, pushed the other way...
Welcome to Breakpoint. And thanks
Posted by Peridot on 23rd of Jul 2009 at 04:01 pm
Welcome to Breakpoint. And thanks for your post. p.
mac -- no, its the
Posted by Michael on 23rd of Jul 2009 at 03:43 pm
mac -- no, its the opposite. The move up was visible on the charts as a trend --whether you believed it or not and went with it, is another story. What are the great fundamentals driving this market? None that I can see, just a flood of liquidity. For example -- why is SRS going down? -- its not positive press releases -- there is no good news anywhere about commercial real estate.
Mike - I said that
Posted by macnsc on 23rd of Jul 2009 at 03:54 pm
Mike - I said that in the update last night, Matt indicated that the charts were showing 80 slo sto for 8 days and negative divergence.
HE said that a pull back was likely but that it would have to start today or we might get a bounce.
We got more than a bounce.
As for the fundamentals, I was addressing the way investors reacted to the economice releases, such as housing sales and earnings. I said they ignored the real news out of the DOL concerning their opinion that unemployment will increase back to above 600,000 per week.
Anyway, as I said, if you take the pill as directed and your hair falls out their may be a problem with the pill OR the DIRECTIONS OR the way the patient followed the directions...
Thats all I'm saying. An explicit neutral call off the charts may have been a better call. PEACE!
mac -- just ignore me
Posted by Michael on 23rd of Jul 2009 at 04:27 pm
mac -- just ignore me today. I definitely didn't mean to be argumentative or disagreeable --though I see that I was..........I bought a workout bench and brought it in to my office, where I'll use it, to assemble it, and it was off-gassing horribly and made me feel like crap...............welcome to the blog -- peace.
I think its time to
Posted by siewyin on 23rd of Jul 2009 at 03:30 pm
I think its time to get ready for the POPCORN Stock plays........lets not be bullish or bearish..... Thou i have a Q's put position on.