Noallegiance Posted December 27, 2015 Share Posted December 27, 2015 That's what I love about this place sometimes. The automatic helpful follow-up to explain what X Y or Z is. Thank the universe the overriding approach isn't just to attempt to bask in ones own self created pomp for the purposes of one-upmanship. Help. It's overrated. Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted December 27, 2015 Share Posted December 27, 2015 I will not continue a conversation where poster disparages something they know less than nothing about Quote Link to comment Share on other sites More sharing options...
evetsm Posted December 27, 2015 Share Posted December 27, 2015 (edited) I will not continue a conversation where poster disparages something they know less than nothing aboutOK smart ass, if the fed steps into the market at 10:46 on Monday morning and buys the snp futures ( which they can do and have done) which TA tool is going to tell you that? huh? A manipulated market (which this is)has absolutely nothing to do with any TA patterns. You need mind reading not chart patterns.when the govt and central banks stepped in in 2008 and stopped a complete collapse and resurrected a bull market that has run and run, overextending every oscillator for 8 years, your TA predict that? If you have one participant with unlimited cash that can smash every resistance or support at will, you may as well use your TA to wipe your dribble. It's useless Edited December 27, 2015 by evetsm Quote Link to comment Share on other sites More sharing options...
evetsm Posted December 27, 2015 Share Posted December 27, 2015 (edited) PS: dumb trend following would have made you a packet on the Dow and whipsawed you to pieces on the FTSE. swings and roundabouts. And since the market is manipulated and there is probably no technical support, you better hope your SNP stops get filled if (probably) the market plunges discontinuously back to 2008 levels. Or are you betting on the fed to make good on the trend forever? Edited December 27, 2015 by evetsm Quote Link to comment Share on other sites More sharing options...
honkydonkey Posted December 27, 2015 Share Posted December 27, 2015 OK smart ass, if the fed steps into the market at 10:46 on Monday morning and buys the snp futures ( which they can do and have done) which TA tool is going to tell you that? huh? A manipulated market (which this is)has absolutely nothing to do with any TA patterns. You need mind reading not chart patterns. when the govt and central banks stepped in in 2008 and stopped a complete collapse and resurrected a bull market that has run and run, overextending every oscillator for 8 years, your TA predict that? If you have one participant with unlimited cash that can smash every resistance or support at will, you may as well use your TA to wipe your dribble. It's useless What is the fed doing for the rest of the week? Quote Link to comment Share on other sites More sharing options...
long time lurking Posted December 28, 2015 Share Posted December 28, 2015 What is the fed doing for the rest of the week? Quote Link to comment Share on other sites More sharing options...
evetsm Posted December 28, 2015 Share Posted December 28, 2015 What is the fed doing for the rest of the week? consult your charts and get back to me. Quote Link to comment Share on other sites More sharing options...
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