Recent content by bmaber

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    Big picture call for a bottom

    Kitejedi; You make a lot of sense, as I said before, the world today is a very different place than 1929 (my earlier posts) and as of today the Dow/S & P and Nasdaq are all up about 30% off their 2008 lows. Art Hogans bottom was Oct 10 for the DOW at 7700 ish, and today the DOW is over 9000. The...
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    Big picture call for a bottom

    OK here is one more graphic I wanted you all to see. What would the world look like if nations were the size of their economy, not their land size http://img450.imageshack.us/img450/1153/worldgdp9bu.gif Now you see why I always bet on the G8, and particularly America?
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    Big picture call for a bottom

    K, well let see . . . Demand, is always there, because people are not all about logic. If consumers were all about logic, no one would pay Hallmark for a $5 card, and perfume and makeup sales would hit the floor, Diamonds would not signal your engaged, and Germany would need to cut the price...
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    Big picture call for a bottom

    lol, I like your style :D
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    Big picture call for a bottom

    According to a quick check on the web Nathan Rothschild is said to have coined the phrase, "Buy when there's blood in the streets and sell to the sound of trumpets." in 1815, at the time of Napoleon's hundred-day gamble that ended in his defeat at Waterloo.
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    Big picture call for a bottom

    Car sales in a slump is a positive sign The Losses for the Japan auto industry are really part of my point. The US to me is not a county -- it is 50 countries, have a look at this map, it renames each US state to a nation with a similar GDP...
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    Big picture call for a bottom

    wow I am out gunned by some top traders. I would be a fool to not notice your credentials. Two top traders telling me I am wrong. Trust me I know nothing about investing, but I find it hard to see any problem. But part of why I put my neck out in these blogs is to learn. I will be short along...
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    TSX Venture Exchange?

    I have never understood why anyone wants to play the venture exchange. It is the ONLY stock exchange in North America with an average year after year negative bias. Why not just take your money to a nice casino? At least you get a free drink and a show. Statistics Canada tracks the return of all...
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    Big picture call for a bottom

    The blind spot with short term traders is they are looking at the whole thing too close. hours not days. and no trending system predict turns well, it just assumes business as usual. Look at this chart, you will begin to see why this is the bottom. no fibs, no oscillators, no trend lines just...
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    Are stops really a good idea?

    Well the answer SHOULD be tight Stops are a great idea. All the investing books and most traders (like the one here) swear by them. But I am experimenting with it, with my real dollars, and it always seems to be either a tight stop that takes me out just as things would have got better or its a...
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    Do you believe in Art Hogan's bottom?

    Last year on October 9 2007 the DOW hit a record, 14000 On October 10 th this year it hit "Art Hogan's Bottom" about 7700 (watch the video of his now famous forecast:) What the Pros Say: Swap Jitters, Bottom Searches - Economy * Europe * News * Story - CNBC.com So the DOW is about 1/2...
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    Trading the indices - No better than chance?

    If you had been watch all last week, the market could not break through 820 on the S & P. On Friday we had a awful jobs report, the market shot down to 821, I bought like mad, and bounce -- up it went. I am not sure the market is manipulated, but there is no doubt sometimes it behaves very...
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    Are stops really a good idea?

    Trade like an expert I came here to learn just that, I read, I trade I chat, do you have any ideas on how I could learn to trade like an expert faster? 80% of mutual funds don't outperform the S & P 500 index. Those mutual funds are run be experts. So I need to learn how to trade, better than...
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    Are stops really a good idea?

    Well there is an example, when I learned to drive the first time on a race track they laughed their butts off, because I road the clutch and the brakes "like a scarred little girl" after few hours of instruction, I learned that it is counter-intuitive, but you brake on the straightaway and...
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    Are stops really a good idea?

    I don't disagree. I have friend long QLD at 45 and now it is down at 25. At the time he was scalping for nickles, but unlike me he refuses to take a loss ever. I do have "uncle points" where I get out, a kind of wide stop. What I am saying is the tighter your stops the more you loose...
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