…a big move is coming.

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8 Responses to “One Way Or The Other…”

  1. abdul Says:

    I always remind myself and my friends that in this business, whatever product or market you choose, money management is more important than making money. It’s important to first preserve our capital than trying to make money. We all don’t wish to get slaughter again like before. I believe, like me, every traders have gone through the misery of losing money. In this trade, even the pro make mistakes like the recent MB Global went bankrupt. I think because of their size, they are more exposed than us. If this is one of the reason, then we as small traders should be doing better than them and the secret lies in managing or making less mistakes possible. Traders must first except this and implant into the brain before going into the next lesson.

  2. time123 Says:

    Nice post. I enjoyed reading it.

    In my opinion, all the recent negativity in the press regarding the European debt crisis has created a tremendous buying opportunity for US stocks.

    The Invetrics system just gave a long term “Buy” signal as of the close of 11/11/11 with a new DJIA target of 13,500! You heard it here first.

    admin,
    http://invetrics.com

  3. jeff pierce Says:

    I hope you are right for two reasons. I trade better from the long side and I would enjoy seeing a stable trend.

  4. Chris Says:

    Thanks for the video summary. Should be an interesting Christmas! The ultimate fake out…

  5. Don Says:

    @time123

    I tend to agree. It makes me a bit nervous that so many seem to be pointing out the contrarian case here, but that could be that I live in a contrarian echo chamber that represents a small percentage of the investment community. *shrug*

    The technical extremes don’t bother me here. If the Naz, for instance, breaks out to 10-year highs, it will reset the technical extremes that have been established while the market has been stuck in a decade long range. The fact that growth stocks are leading now, tells me to look for an upside resolution rather than down, but I’m willing to be wrong about that.

  6. jeff pierce Says:

    humble with no real trading bias…great traits for a trader Don.

  7. Don Says:

    Thanks Jeff, I’ve had the bias slapped out of my head with a 2×4 on enough occasions, but it’s still a struggle against human nature to keep it at bay. 🙂

  8. Ricky Says:

    Hi there, thanks for the videos as you gave me confidence on what I’m doing. Please keep up the good work!

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