a call for SKF

[Entendance]

...OUT, FOR NOW...stops triggered, the market has been hammered, we made a killing. Ready to short the next wave up...or the next 3% below current levels...


LAST POSTS?
at <View active topics>
You may add <active topics> to your favourite links
search.php?search_id=active_topics

[Entendance]

...EUR/USD at 1.2454...gold down at 1231...S&P AT 1012.61...
have we missed the boat?

[Entendance]

<Let's say you *do* miss a golden trading opportunity. What will happen? Fear is a response to perceived danger. Where's the danger? What's the threat?
Very, very often the consequence of a perceived missed opportunity is a bout of angry thinking turned inward. After missing the good trade, the trader launches into self-blaming and a beating up process that mixes guilt with self-directed hostility. "How could you be so stupid?" and "Look how much money you could have made!" are among the common self-recriminations.
It is in this context that the fear of missing is really a fear of one's own negative thinking process.
Let's face it: we *always* miss potential opportunity. If you don't hold trades overnight, you miss possible opportunity. If you don't trade your maximum size, you miss potential opportunity. The reasonable trader knows that it's not about taking every conceivable opportunity: that would be impossible. Rather, it's about limiting your risk, while taking advantage of the best opportunities.
But if the result of missing trades is going to be an avalanche of self-criticism, the danger is not financial risk, but the risk of feeling worse about yourself.>
-B.Steenbarger


Every trend always has its doubters, but I often notice that many skeptics of a trend will slowly become converts due to the fear of missing out on profits or the pain of losses in betting against that trend. The fear of missing out can also be characterized as greed of a sorts, for an investor is not acting based on some desire to own the security - other than the fact that it is going up without him on board. This fear is often fueled during runaway booms like the technology bubble of the late-1990s, as investors heard their friends talking about newfound riches. The fear of missing out came into play for those who wanted to experience the same type of euphoria.
When you think about it, this is a very dangerous situation, as at this stage investors tend essentially to say, "Get me in at any price - I must participate in this hot trend!? The effect of the fear of missing out is a blindness to any potential downside risk, as it seems clear to the investor that there can only be gains ahead from such a "promising" and "obviously beneficial" trend. But there's nothing obvious about it.
-Price Headley



Anse Intendance...because this place is for Uncolonized Minds

Last posts? at <View active topics>
You may add <active topics> to your favourite links
search.php?search_id=active_topics

[sowhat]

ATTENTION: New Bear Market is Here

http://tinyurl.com/37can4h

[Entendance]

Today could be our day to get in, again

...Yes,this could be the right day to buy short ETFs, as we're not going to buy into what the media, manipulated by the governments propaganda, is trying to make us believe.






LAST POSTS?
at <View active topics>
You may add <active topics> to your favourite links
search.php?search_id=active_topics

[Entendance]

In again on EEV SKF TWM
Got dry power just to add during the week
...ready to open new positions on QID...

[Entendance]

...and today we are opening new positions on QID

viewtopic.php?f=6&t=330&p=11366#p11366



Last posts? at <View active topics>

You may add <active topics> to your favourite links
search.php?search_id=active_topics

[GSIMMERLE]

Ahead of Q2 Results, Meredith Whitney Slashes Estimates on Goldman (GS), Morgan Stanley (MS)
http://tinyurl.com/2vcvrxl

[Entendance]

...today we opened new positions on TZA and added on QID


LAST POSTS?
at <View active topics>
You may add <active topics> to your favourite links
search.php?search_id=active_topics

Stability - Some questions to ask yourself and your family
viewtopic.php?f=6&t=330&p=11405#p11405

[Entendance]

...An important question to ask is whether the March ’09 rally was really justified at all. Were the green shoots real? Or was the market just looking for a way to justify the effects of government-induced ‘easy money’? The stock market is supposed to be an efficient, forward-looking indicator after all – and the rally that began in March ’09 was supposed to signal a robust recovery. So where’s the recovery? From the time the term ‘green shoots’ was first uttered by Ben Bernanke on March 15, 2009, the S&P 500 rallied 36% to June 30, 2010 and by as much as 60% to April 26, 2010. If the green shoots were really just the early indications of weeds, was the market wrong to appreciate so dramatically?
There is little doubt that much of the stock market action during the past 12 months has defied traditional market rules. Nowhere is this more evident to us than in the banking stocks...
http://tinyurl.com/395uzyx

Last posts? at <View active topics>

You may add <active topics> to your favourite links
search.php?search_id=active_topics