karennma
8,057 posts
msg #150115
- Ignore karennma |
1/5/2020 9:25:13 AM
@ Cheese,
YOU didn't "irk" me.
If you had your old spreadsheet of stocks from a year ago, and glanced at it on whim, and saw a six figure gain on a portfolio you sold 2 months prior to the rebound, you might be "irked" too.
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Cheese
1,374 posts
msg #150122
- Ignore Cheese |
1/5/2020 5:38:28 PM
karennma,
David Larew is one of the top 3 authors on StockCharts public chartlist.
He used to have this very telling chart about SP500 bull and bear market cycles.
FRIENDLY SUGGESTION: I know you may be a raging bull but you may want to spend a minute
to see the different durations, rising and declining accelerations of the two cycles.
The Middle East could be a real party pooper
This is the only link I could find to a copy of David Larew's now removed chart:
https://external-content.duckduckgo.com/iu/?u=https%3A%2F%2Fpbs.twimg.com%2Fmedia%2FCrWEx1_UAAU3ivo.jpg&f=1&nofb=1
Also, LAS liked to say the crowded trade is rarely a good thing.
Again, best wishes on your trades.
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karennma
8,057 posts
msg #150124
- Ignore karennma |
1/5/2020 6:55:08 PM
Who is "LAS"?
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karennma
8,057 posts
msg #150125
- Ignore karennma
modified |
1/5/2020 6:59:54 PM
@ Cheese,
David Larew on TWTR:
CLICK
See his comment: "Parabolic Bearish wedge"
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Cheese
1,374 posts
msg #150127
- Ignore Cheese |
1/5/2020 7:07:21 PM
Oh, I thought Liz Ann Sonders is known as LAS by her readers
Thanks for the David Larew's tweet
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karennma
8,057 posts
msg #150128
- Ignore karennma
modified |
1/5/2020 7:07:29 PM
David Larew:
CLICK
^^^^^^^^^^^^^^^^^^ READ THAT! ^^^^^^^^^^^^^^^^^^
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karennma
8,057 posts
msg #150129
- Ignore karennma |
1/5/2020 7:30:28 PM
Oh! "LAS". Okay ...
Well at this point, I'm certainly not a fan anymore.
Any "analyst" who goes on TV TWO months before a bear market is OVER, saying we're in a bear market, is no Captain Genius.
I felt early in 2018 my portfolio was in trouble because I was NOT trading anymore - just holding.
ALL the stocks I was "holding" were moving sideways for months the ENTIRE 2018.
So, VERY EARLY in 2018, I had a bad feeling..
I was so used to trading - constantly jumping in and out all the time, I had to force myself to "hold".
I kept holding and holding ... until I couldn't stand it anymore - and bailed Oct. 2018.
It was a frustrating experience.
All those guys (Acampora, LAS, CNN) - were late to the death knell in October!
I saw the s#*+ coming long before October.
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karennma
8,057 posts
msg #150130
- Ignore karennma |
1/5/2020 7:36:27 PM
@ Cheese,
I'll tell you something funny .... My neighborhood has a chat group; it must have over 1,000 members, most of whom are lurkers.
About 3 weeks ago, someone inquired about starting an investment club. Then many others enthusiastically chimed in. Some posted about shares they'd bought 10-20 years. (i.e. 10 shares of NFLX).
I remember thinking to myself, these people are just average joe schmucks. When they start thinking about getting IN the market; it's LATE!
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Cheese
1,374 posts
msg #150131
- Ignore Cheese |
1/5/2020 8:30:41 PM
@karennma,
From my WDIK files, NVI and PVI, respectively, are supposed to be surrogates for smart and dumb money.
IF that is to be beiieved -- with a giant leap of faith -- the smart money may have been tapering off as
the dumb money gets ready to hold the bag.
Again, WDIK !!!
References:
https://www.stockfetcher.com/forums/Indicators/Negative-Volume-Index-NVI/32875
https://www.stockfetcher.com/forums/Indicators/Positive-Volme-Index-PVI/32874
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karennma
8,057 posts
msg #150162
- Ignore karennma |
1/7/2020 11:19:19 AM
@ CHeese,
Re:
"David Larew's tweet
karennma
7,371 posts
msg #150128
modified 1/5/2020 7:07:29 PM
David Larew:
CLICK
^^^^^^^^^^^^^^^^^^ READ THAT! ^^^^^^^^^^^^^^^^^^
"
I don't think it's gonna happen.
Larew is like me ... anticipating corrections that have happened in the past.
Trump is an extremist.
This is going to be an extreme bull market.
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