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originally posted by: Slichter
a reply to: Mover3
Looks as though the Adrian Darya has already off loaded the oil cargo in Latakia and is headed back for another load?
originally posted by: Slichter
a reply to: Mover3
I doubt John bolton is a "signal" source to be trusted for some reason.
originally posted by: Slichter
a reply to: Mover3
US stock markets were all up by over 1.5% for the week as expected.
September did come in like a lion with the Dow closing out the week 97 points above my target of 26,700.
The 40 week moving average has gained at a rate of about 2.1% for the last 14 months, so you can do better with an FDIC protected savings account if you need access to the money on demand.
The Fed chairman said we have reached their 2% inflation target, the US economy appears "strong" and there are no rule books for trade wars.
We haven't seen the Dow dive below the 40 week moving average very far this year and currently its over bought again.
I have a theory that stock market bears have gone through some kind of Darwinian evolution that has left the survivors with more patient, market friendly trading instincts. That may mean choosing the 40 week moving average as a floor to the trading range and being patient waiting for tops to short sell unless there is some really bad news.
The problem with getting out of short positions is that you really can't profit from the subsequent rally. If you have to wait for settlement a few days before you can reinvest, the market is already back near the top of the trading range.
"They" may prefer to divide and conquer keeping the bears only selling and bulls only buying though.
originally posted by: Slichter
a reply to: Generation9
Using the 40 week moving average as your statistical decision tool would logically require making fewer trades per year.
90% of day traders that trade more than 3 times a week end up broke the first year so maybe that explains some of the magic of using the 40 week moving average?
If I were to annualize my ROI for the last 60 days it would equal my BMI, so there also is just luck and coincidence.
I think we need to integrate a few more "signals" into our divine alignments before we can say we are investing rather than gambling.
originally posted by: Mover3
a reply to: Generation9
I agree with the premise of this thread and have been interested in what you have to say but like you have said before, we're only guessing/interpreting... there's no manual, guide, or tutorial.