Thread: FogSailing's Account Talk

#5

I'd rather jump into 15 feet elephant grass than risk jumping out of this market.

Originally Posted by Tsunami

Meanwhile, I want no surprises today, including an unexplained low settlement price on the I fund today...a nice steady ramp into the close would be sweet!

So, I got half my wish...EFA closed up 0.86%...but then the I fund share price only goes up 0.33%?!!! ;swear

Oh well, I exceeded my expectations for the trade overall, can't complain, much...

The article is for those interested in the currency exchange and China:

China Launches Yuan Gold Fix To "Exert More Control Over Price Of Gold" | Zero Hedge

FS

I think I finally figured out this market. The new theory about the Fed invalidating OEW, TA, Fundamentals, Gann, Cycle Theory, Volume Studies, Pattern Recognition, etc, etc, etc. is that everything was invalidated on the way up and will continue to be invalidated on the way on the down. I have now found proof to back up my theory..

“If I had a world of my own,
everything would be nonsense.
Nothing would be what it is
because everything would be what it isn’t.
And contrary-wise what it is it wouldn’t be,
and what it wouldn’t be, it would.
You see?”

Alice in Wonderland

Originally Posted by FogSailing

I think I finally figured out this market. The new theory about the Fed invalidating OEW, TA, Fundamentals, Gann, Cycle Theory, Volume Studies, Pattern Recognition, etc, etc, etc. is that everything was invalidated on the way up and will continue to be invalidated on the way on the down. I have now found proof to back up my theory..

“If I had a world of my own,
everything would be nonsense.
Nothing would be what it is
because everything would be what it isn’t.
And contrary-wise what it is it wouldn’t be,
and what it wouldn’t be, it would.
You see?”

Alice in Wonderland

You're entirely bonkers. But I'll tell you a secret, all the best people are.

Thanks JP. That's the nicest thing anyone has said to me all day!

FS

Originally Posted by jpcavin

You're entirely bonkers. But I'll tell you a secret, all the best people are.

Not ALL of them

This is the top. I just got my aching corn signal.
Of course, I've been loosing sleep not knowing precisely which toe would begin to ache.
What a relief. I now believe the corn on my left toe is closely tied to the Federal Reserve’s expansion of $M1.
I have observed that it begins to throb just a few weeks before my right toe begins throbbing.

When the corn on my right toe throbs that usually marks the top.
Unless of course I put too much pressure on it, in which case it is a false signal and the top is not in.
I will tell you for sure in a few days, but for sure my post will start : As I told you….

It's tough doing all this market analysis...Heck, being a senior is tough work...

FS

Originally Posted by FogSailing

This is the top. I just got my aching corn signal.
Of course, I've been loosing sleep not knowing precisely which toe would begin to ache.
What a relief. I now believe the corn on my left toe is closely tied to the Federal Reserve’s expansion of $M1.
I have observed that it begins to throb just a few weeks before my right toe begins throbbing.

When the corn on my right toe throbs that usually marks the top.
Unless of course I put too much pressure on it, in which case it is a false signal and the top is not in.
I will tell you for sure in a few days, but for sure my post will start : As I told you….

It's tough doing all this market analysis...Heck, being a senior is tough work...

FS

Amazing.

I now all about mental anguish and the stock market but not physical pain used to determine buy or sell tactics. Might want to stay away from the podiatrist if it becomes a successful investment tool. Good luck.

Total earnings down -7.9%
-1.1% lower revenues

If the index reports a decline in earnings for Q1, it will mark the first time the index has seen four consecutive quarters of year-over-year declines in earnings since Q4 2008 through Q3 2009.

Mid-Day Report: The Q1 Earnings Season Pattern Remains Intact | InvestorPlace

So, how can that be. I know our household spends as much today as we ever have (with more going to healthcare services and taxes than in the past 5 years, and something tells me those costs are not coming down any time soon). I don't believe the 99% of the people have radically changed their spending and saving habits and since 99% only equals less than half the wealth on the planet, the obvious reason for any decline in GDP or global growth has to be the manipulation of all things financial by the 1%. If nothing else, this speaks to the demise of a strong middle class and the need for something to change to accommodate a wealthier 99%.

FS

Very interesting article. I would love to know how shares are accumulated or sold by the large institutions in real time and have an understanding of these charting patterns. That would definitely help in understanding the money flow.

Martha Stokes: Use Dark Pool Chart Patterns for Higher Profits

FS