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Re: whats up for tomorrow in the sp?
My personal opinion - I really don't care which way it looks like things 'might' go. As long as the markets are moving, there are plenty of opportunities - up or down.
I posted this on elitetrader and perhaps it's appropriate here as well...
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I just don't understand why traders get stuck on a direction of the market (usually up or down) and then live or die with their prediction.
Why bother trying to make a prediction as bold as - Dow down 100 pts tomorrow! or Just bought a ton of DIA puts! etc. etc.
We'd all love to call the tops/bottoms consistently, but that will never happen.
Why not just go with the flow and make some money? Why put your money at risk with predictions that are so bold and possibly risk so much of your account in order to do so?
It's interesting to see the threads pop up when there is some volatility in the markets and the predictions start to come out...
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