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Post by clinton on Jan 21, 2014 21:49:28 GMT -5
Clinton, be careful following that guy. I remember he said not to long ago that if SPY closes below pivot low of 182.08, market was going to tank. Next day markets gapped up and DOW ran for like 100+ pts. lol Tomorrow is also $2.25-$3 billion POMO day. Don't worry Rob - Clint (and I) both realize that guy's overall market calls really suck. many of my skills Ive learned from him Ive been studying his free vids since 2008 but often I come to dif conclusion than him somehow. But I usually form MY opinion first before I watch his vid at this time we are sync'd I use a lot of OBV on short time frames and he never touches that stuff but I pretty much follow my own TA then see who agrees with me. hehe |
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Post by theMist on Jan 21, 2014 21:59:06 GMT -5
I hear ya guys. I also learned a lot way back from watching Chart Pattern Trader (Ron Walker). He spends a ton of time on TA and uses a lot of indicators.
Learned a lot from him. However, I just couldn't understand how he could look at things through bear lenses all the time. He's definitely a permabear.
If you look at his charts, or listen to him, he will always emphasize that this Ben Bernanke bubble induced markets is not going to end well.
No kidding!! Of course its not going to end well! In the meanwhile, don't fight the tape and ride the QE induced bubble as long as it lasts! IMO
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Post by clinton on Jan 21, 2014 23:25:12 GMT -5
ya, and if you short just use a short leash. grab a few % and cover
dont try and get rich on one trade.
use a trailing stop too.
no shame in getting stopped out after making 1%
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Post by clinton on Jan 22, 2014 19:13:11 GMT -5
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Post by clinton on Jan 23, 2014 9:08:56 GMT -5
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Post by clinton on Jan 23, 2014 9:27:18 GMT -5
he claims dollar/yen chart drives gold price
\
hmmmm
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Post by clinton on Jan 23, 2014 18:59:06 GMT -5
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Post by clinton on Jan 26, 2014 21:24:56 GMT -5
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Post by clinton on Jan 28, 2014 23:51:20 GMT -5
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Post by clinton on Jan 29, 2014 23:34:54 GMT -5
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Post by clinton on Jan 30, 2014 19:29:15 GMT -5
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Post by clinton on Feb 2, 2014 17:50:00 GMT -5
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Post by clinton on Feb 3, 2014 18:23:22 GMT -5
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Post by birthmark on Feb 3, 2014 18:42:53 GMT -5
Clint-- thanks for posting these.
GL
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Post by clinton on Feb 5, 2014 21:47:47 GMT -5
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Post by clinton on Feb 9, 2014 21:58:52 GMT -5
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Post by jacksrbtr on Feb 10, 2014 20:31:28 GMT -5
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Post by jacksrbtr on Feb 12, 2014 21:13:01 GMT -5
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Post by jacksrbtr on Feb 13, 2014 15:56:03 GMT -5
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Post by jacksrbtr on Feb 13, 2014 16:03:27 GMT -5
Three Possible Events That Could Trigger A Meaningful Stock Market Top Presented by Nick February 13, 2014 11:38AM Almost everyday on TV we hear one person or another calling for a major market top. While most of these forecasts have not worked out very well, there will be a time when the stock market does top out and has a meaningful decline. Listed below are three potential problems that could lead to a meaningful stock market top and a real correction of 20 percent or more. 1. The currency market holds all of the cards. At this time, the most important currency pair to follow is the USD/JPY (U.S. Dollar verse the Japanese Yen). Obviously, when the USD/JPY chart declines it means the Japanese Yen is strengthening against the U.S. Dollar. When this happens liquidity comes out of the stock market. The reason that this happens is because the highly leveraged institutional traders are all betting on a weaker Japanese yen; so when the USD/JPY chart declines the institutions lose buying power and can no longer support stocks in the United States, Europe, and Japan. Recently, countries such as Turkey, South Africa, and India have raised interest rates to try and strengthen their currency against the U.S. Dollar for fear of a currency crisis. This could repeat again this year, so keep your eyes open for more currency problems around the world. 2. China has faced a lot of problems regarding their shadow banking system. Shadow banking is unregulated high-yield lending that largely takes place off banks' balance sheets in China. This problem is very similar to the U.S. sub-prime crisis back in 2007. This shadow banking problem has not been solved yet despite the efforts by the Chinese central bank. This is certainly an issue that could trouble the Chinese economy in 2014. 3. Traders and investors must watch for potential conflict between Japan and China. Last year, both countries claimed ownership of a group of islands in the East China Sea. Leaders from both countries have recently mentioned that the relationship between the two countries is very poor. It is also important to remember that China is the second largest economy in the world. China also holds a lot of U.S. debt. Japan is the third largest economy in the world behind China so any conflict would result in serious problems for the global economy. We will be continuing to position ourselves for the multiple day and week long moves in the markets in our Research Center. Take a look at the trades we have taken already this year right here, and make special note of the 2013 Track Record of every call right here. There is a lot of great trading action going on right now, take advantage of it.  |
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