tag:blogger.com,1999:blog-9226230.post6289145932972205308..comments2023-10-20T05:43:46.254-07:00Comments on All Allan: Shots across the bowUnknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-9226230.post-75049987176101545482010-05-09T20:07:59.436-07:002010-05-09T20:07:59.436-07:00Well, for me,with my 'conspiracy' oriented...Well, for me,with my 'conspiracy' oriented mind, I always have to pause and ask myself "whoa,WTF just happened here...!?"<br /><br />a glitch in the Hal9000? a fat finger mistake? a simple thing really ? or could it maybe honestly privately have something at all to do with the SEC investigation of GS ? or the government audit of the FED ? Who Knows !?<br /> But it does deserve the asking anyway.<br /><br />What does it mean now for the market and the direction ?<br /><br />Will this be the big bottom and the PPT and GS hal 9000 will drive the stock bubble back up. or do they want to keep taking it down?<br /><br />was this really just a simple human error, like...."oops...sorry,my bad..." I goofed,the HFT computers followed my lead and millions of investors lost millions of dollars in 5 minutes....when their Stops got hit.<br /><br />So now,should we expect a rally,or a continued descent downward?<br /><br />If this move down was "an error".... does that mean the (real) market should <br /><br />resume its "normal" direction and wave structure and fib level and s/r price action,and get itself back up to the 1150 area at least (s+p)<br /><br />and retest 1180 at least and maybe 1200 at least. <br /><br />I mean if this was just a human error....shouldnt things get put back to 'normal' again, and pretty soon at that?<br /><br />what would normal be. That 'new normal' they used to mention last year.<br /><br />Obviously this plunge and recovery wasnt normal. <br />so what will getting back to normal look like now?<br /><br /><br />I'm more of an 'investor' than a 'trader'.<br /><br />I want to buy the biotech stocks and hold them . I dont want to be an in and out trader. buying and selling every other week.<br /><br />but I guess youre saying just watch the chart and the trend system ,follow the enter and exit signals, keep it simple and we will do ok.<br /><br />except for those times when we get whipsawed back and forth.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9226230.post-75766759946337315792010-05-08T23:00:09.782-07:002010-05-08T23:00:09.782-07:00I'm fresh out of a triple digit gain in X and ...I'm fresh out of a triple digit gain in X and here I am again sitting on another 210% gain TZA. I was in many of the frustrating whipsaws earlier in the year, but kept those losses small by following the rules. Now, I am riding the gravy train. Nice feeling to be on the crest of a wave, rather than drowning in the wake of one..thanks Allan!JDnoreply@blogger.com