The big secret is.....

You're confusing me with the other dude with regards to the 40-week moving avg.

a reply to: Generation9

a reply to: Mover3

I apologize.

I see the stocks are up today. Crypto coins recently took a step down. Maybe some cash is being taken out of crypto so it can be pumped into the stocks? I do believe that crypto is a giant dark pool of money.

This is about to sound crazy but of the 7 there is 1 that remains pure, of the 7 the 6 have turned dark, they are the lines upon which is balanced the creation.

Let there be light is not just a phrase but a story of the 7 only the 1 was successful in sparking the formation, and because of it the 6 failed and became consumed.

Of the 2 only the 1 became light, like the story when the 1 eye remained and the other was taken. The one that was taken is known as the all seeing and that is why it is propped up and mocked by the 6, to portray that the 1 is blind and yet here is wisdom of the 7 within the 1 for then the 1 of the 7 is not blind.

This sounds like a crack pot theory, I'm wondering if I'm scratching the surface.

a reply to: WanderingMrM

Can you explain that again?

I don't know what you're saying, but I like the possibilities, and I'm just now watching Alex Jones showing a video of Chuck Schumer saying "six ways from Sunday" and I just don't know what you're saying.

The amount of "market is going to crash" propaganda is increasing. I keep seeing articles that show the definitive proof the market is going down and all is lost. On radio and television the forecast of doom is being pushed. None of it is reliable. You can't make market decisions based on charts and historical analysis. You simply will not last long with that type of strategy.

I have no idea what will trigger the buying this time, but the buying will lift the DJIA and others will follow along for the ride.

originally posted by: Generation9
The amount of "market is going to crash" propaganda is increasing. I keep seeing articles that show the definitive proof the market is going down and all is lost. On radio and television the forecast of doom is being pushed. None of it is reliable. You can't make market decisions based on charts and historical analysis. You simply will not last long with that type of strategy.

I have no idea what will trigger the buying this time, but the buying will lift the DJIA and others will follow along for the ride.

The rumors and outbreaks of civil war threats are in the air, it seems that it will coincide with the Market Crash.

However, I wonder which of the 6 out of the 7 will cause this!

a reply to: WanderingMrM

America's been in civil war for a couple years now...

a reply to: Generation9

a reply to: Slichter

Looks really scary, doesn't it? If I was trading chart patterns I would be selling and thinking the top of the market was happening and all the stops below will be run and the bull is over and the bear market is here now.

But I don't think the bull market is finished just yet. Watch and see....

a reply to: Generation9

Doesn't look scary to me, I sell the highs remember?
The manipulators window dress September so the third quarter statements look nice.
Tomorrow the ISM nonmanufacturing report will be released which might provide some stability.
I don't think the dip today was a good one to buy but we might be getting close to a buy opportunity if there is going to be a trading range rather than a market crash.
If you are hearing about a recession and the end of the Bull market with a 30% sell off, so are the investors.
Would you want to put all your retirement money in a place that loses 5% in a couple hours and leaves you with large losses for months?

a reply to: Slichter

Respectfully I disagree with your premise. The money coming into the stock market is largely automatic. All the working people have money taken out of each paycheck for their retirement plan. The individual is not making much of a decision other than to put money into the market. Some mutual fund manager is calling the shots. So these working people just keep putting the money in blindly year after year with an idea that they'll have more money when they are older.

When an individual begins to make their own decisions about what stock to buy and when to sell, then you'll find that they get into a lot of trouble unless they have a solid long term approach with good companies and good dividend payments which will most likely be reinvested. Those people see growth in the long term.

People that are trying to time the market swings are getting lucky and then not so lucky. I personally have made fantastic trades that multiply my money tremendously. But then I always make the horrible trades that lose it all. I have no stocks to speak of. I have about $150 of cryptocurrencies. I have a small amount of cash in the bank. I'm really a broke shmuck.

I do believe in the 40-week rigging. Perhaps some day I will actually monetize what I know.

a reply to: Slichter

Are you able to trade successfully year after year? Do you live on the trading income? Do you have some other job? Are you in the stock trading industry? If you're one of the few who make money consistently then congratulations on your winning system. Few outsiders can make money trading. That's why you see so many trying to sell "how to trade" courses. I believe only those with advanced information actually make money consistently. Wall Street is rigged and the only question in my mind is how they do it. I believe I have stumbled upon a method, if not the method, that is being utilized for large fund trading. The whole thing is definitely rigged, and not just for the commissions.

I'm telling you they're not going to let this market go down. The direction is up. We still have October, November, December and on up until the week of January 19th. Then we'll see another mainstream media event that will signal the intentions of the market for another forty weeks.

The Dow chart is certainly moving. Lots of trading opportunity if you are willing to make those trades. If one had a good method of day trading....

a reply to: Generation9

There's no "good" method, it's a con. Try taking up some long-term views and backing them with money you can afford to lose with the stop loss being beyond the last low of your predicted view you should make profit.

a reply to: Generation9

The online brokerages are offering free trades no strings. TD Ameritrade, E-trade, Schwab all let you buy and sell at no charge now. If you can play bitcoin you probably can figure out how to use the online tools, fund the account with your $150, buy and sell shares. You could have bought three shares of DDM at the dip and made $8.64 today.

I had a weird dream that makes me think something may happen on Friday, October 11.

Yes, I know something will happen, but you know what I mean.

a reply to: Generation9

The trade talks? Certainly seems to be ratcheting up in the middle-east with Trump allowing the royal rumble to commence in Syria, with all the economic "indicators" turning negative it's certainly looking like the perfect storm. Interesting times and I'm sure this week will present a nice opportunity to buy some GOLD.

Does seem like kind of a gamble, Trump signed a trade agreement with Japan that made the news. Same thing could happen with China. Bitcoin was up 3.9% today while the DOW was down .36%. Unusual that there was no follow through buying from last Friday for stocks? Last quarter I made double digits short selling, probably just beginners luck. If there is a recession coming it would be wiser to wait for the end of the bull market with the 30% sell off before buying stocks again. The Dow made it back up to 27,000 after the three August sell offs so its also gambling to short sell stocks, although that has been profitable for me thus far.

a reply to: Generation9

I don't know if you've been getting this news over the last 24-48 hours but there's a story in the UK press about two footballer's wives you may be interested in, this is the jist of it... one wife is placing excessive strain on the other who is heavily pregnant. If something happens to the baby as a result it will be a signal if nothing happens and the baby is born maybe it will have defects as a result and if it's born it will signal the new era which will also have defects. Although the due date hasn't been announced and she's been largely secretive over the pregnancy it's rumoured the due date is early 2020 (January or February), it isn't confirmed though and she could be a lot further along than has been reported - this story aligns nicely with the theme of this thread and your thought-path. If this is also all over the US news, which I suspect it is because of who one of their wives (Rooney) are, then I would suggest this is is where we'll get the direction of the next move.

Funnily enough it just so happens that the last 24-48 hours has been extremely busy placing great stress on the system. Joining the dots to the above story, the system is the mother and the baby is direction. There's also the geopolitical considerations away from the economy i.e what's happening in Turkey. We knew this week would be big but just how big?

Just getting in the spirit of this thread.

For anyone questioning this, which is a legitimate approach, then I would suggest using an interdisciplinary approach... you need to use a basic understanding of how the markets work and some behavioural psychology at the very least. Then consider how they work in tandem.

a reply to: Generation9

You personally could make money consistently because you seem to have an understanding of behavioural psychology, either you've stumbled upon it or you've made a concerted effort to learn... now you're questioning how to apply it? You need to do a little more work first in my opinion, you need to study how it translates to the market. For example, support & resistance/trends/Elliot wave theory etc.

You're so close and you don't even realise it. The problem with the markets though is that you can never know how they think, they being every trader that has a stake, obviously you know there are people with bigger stakes at the table (which also raises a question about the effort to push your average Joe into trading with all these fintec companies setting up brokers that always take the other side) and by that I don't mean your sole trade sitting on a few million but instead your "funds" and groups... so you have that inherit scepticism. The battle is always for the mind in the market, does it go this way or that?

Then again, with all that said, maybe you do know... or maybe the OP knows and this is his/her way of putting more people who don't know on the right/different track? That's my scepticism seeping through.