Friday, March 16, 2012

Hold confirmed.

Holding shorts... Have a good weekend.

8 comments:

  1. J, With the understanding that things could change by the time this is posted, I'd like to know your view on why the system appears to be having a hard time with shorts. Has the market changed, or is there some other explanation? Thanks.

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    1. Ben does not want the market to go down. This sucks.. Thank you Fed overall and Apple for todays move.

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  2. Manipulation arguments are of little help. Either the market is manupilated or it isn't; either way, a system has to adjust. If a system can't handle a manipulated market, then it isn't of much value.

    BTW, I have never been convinced by manipulation arguments. From my point of view, to say that a market is manipulated is to say that it didnt' go as I had predicted.

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  3. I agree with your logic regarding manipulation. It's basically just an excuse.

    Why my short signals this year have mostly failed I can not accurately answer for sure. While this one is off to a rocky start, it's not dead yet. I will give it a few days before I judge...

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  4. One thing I have noticed on some of the shorts is they are in front of strong economic news that changed the market sentiment/direction. That is why I usually wait on the mornings that have strong economic data before I take a position using this market analysis as information along with the economic news to make my decision. Right now we are headed south.

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    1. I wish, but we have "headed south" many times in the last few weeks...

      :-(

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  5. Agree with Joe. Market should not go up much more, if at all. Big pullback could be in the works. Hang in there shorts...

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