MightyMouse

I think your selection is way off.

Where do you get this info? All markets are predominately institutional. And most institutional trades are not speculative The wrong assumptions make the game very dangerous.

I would suggest that anyone who is not short should get short and look for the attempt at the 1200 level or even lower. I don't know when they should get in, but any time or price is as good as the other if price continues lower. I hope that is clear. I am short now. Have been nothing but short in gold for a very long time, and have not been continuously short. I have had both gains and losses trading from the short side. I have lost more trades than I have made money on and I have made more money than I have lost.

One mo time at breaking below 1200. Lots of fire power.

Looks like the good GDP numbers not only supported the market, but it pushed the market to a new high too.

It's not possible for a urine spear to pass through the helmet he is wearing to protect him from a fall, given his proclivity to be prepared. A urine spear traveling at 32 s^2 would crumble if it hit a helmet. Nor is it possible for him to bleed out since he has all the necessary first aid if the spear does not hit his skull and, instead, injures his thigh. You make a good point though. Dealing with risk in trading or gambling is learning to survive while dealing with outcomes that are not happening but should be happening. It is easy to assign personal brilliance to a positive outcome, taking credit for being in the right place at the right time. The risk while laughing all the way to the bank is that the same frozen urine spear will crush your skull as you walk from your car to the front door of the bank. In the long run everything happens. Please send along pics if you wear a helmet while going to the bank.

Risk is the best teacher.

Generally, the market perceives that the dividend is at risk of being cut when it is so many standard deviations away from the average dividend in that industry. I have bought high dividend stocks in the past ( never more than 15%) and made great money. You'd be better off doing the research and creating a portfolio of such stocks, rather than looking at one.

All nonsense. Institutions get their asses handed to them just as the small trader or investor does. The market is not out to get us. No one is pulling our strings. We can't do the opposite of what our gut is telling you because our gut is frequently already telling us to do the opposite of what the brain is telling us to do. In which case if your brain is telling you that this is an epic scam by institutions, then it isn't one

QE is the Fed's newest tool. In fact, QE is it's only tool that works at the moment.

Do you have to pay in all three or simply file in all 3? Given that we have to pay taxes, I wish we paid for social programs ala carte. So, before or during tax season, social program directors (congressmen) would tout their program and you then would decide how much of your taxes you would like to allocate to that program; zero, some, or none. You would, then, fund programs you are passionate about and not fund programs that you do not care about. You could also choose to use your taxes solely for paying down national debt if you care nothing about any of the programs. On the whole, programs that no one cared about would be terminated. I also wish we would subsidize small business owners to hire the unemployed here in the US. cut unemployment compensation out all together and make it so that the only way you get money directly or indirectly from the government is by working if in fact you are able to work. If small business owners received a subsidy of 8 dollars an hour, to hire and train the unemployed, we would become very competitive with China and manufacturing would either come back here or redevelop here. Income tax revenue would soar and we would have balanced budgets or budget surpluses. It irritates me that tax payers lost $10 billion baling out GM. In 2008, the unemployment rate in Detroit was 14%, now, after the bail out, it is 28%. GM is spending 11 billion in China developing manufacturing facilities. Small business people are less likely to outsource than large business. Getting money from the government is an entire vocation here. It is amazing to me what people get. A single mom gets as much as $1900 a month while she is not working in Connecticut. She can work and get paid under the table and earn more than that. I have been approached by these people who won't work unless I pay them under the table because they don't want to lose the benefit. I fired a woman who called me and wanted me to fax a document stating the termination date to show that she was unemployed so that she could get heating oil for her home (it was summer). She ran out of heating oil and would not pay for it while she was working. Her kids took cold showers until she lost her job. She did smoke cigarettes, drink Dunkin Donuts coffer every day, get her nails done once a month, and spend about $12 a day for lunch. This is a common type of person that milks the system. We are not helping these people by giving them money.

They do have urine stained clothes.You are distracted by the blue tooth headset. I can't stand it when I see people in a social setting engrossed by texting, off in another world with others around them. It is no different than talking to a person who begins to stare out the window and ignores you.

50% makes perfect sense.

How are you doing VSA or Wychoff without volume in spot forex?

I think it corrected. I think the low was tested. I think es will resume it's climb to newer highs. Most or all other indices will follow or lead as the case may be. It seems to be that there was a lot of buying below and there continues to be a lot of shorting which will lead to low volume upmoves which tend to be misleading and confounding. There is no known good reason for the market to continue lower. Tapering is not a good reason for the market to go down. I would argue just the opposite.

I'll help you out. You thought the direction of the dow would be impacted, somehow, by the nfp number. I thought the market would go higher no matter what the NFP number was. Benevolence ended.

I know how to take money from the market. I am not a great trader and wasn't trying to be smug. I have no idea how to determine what you might have missed, because I have no idea how you arrived at your conclusion. In my mind we were looking at the same market, so we must have been looking at the same things. You might need someone like Rande Howe to help you arrive at different conclusions and not someone like me.

Correlations work perfectly. Unfortunately, the things you want to be correlated didn't turn out to be correlated. Sort of like concluding that your neighbor walking the dog in the morning has some causal effect on the sun rising, because they do tend to occur at the same time.

The number won't make a difference. It is going higher. The market wants you to think what you are thinking. A lot of people got short today.

A favorable NFP will pop the s&p back over 1800.

Seriously? Amazing how such a minor down move makes people think the bull is dead. We have more volatility, but the move up is still solidly intact. Great trading, long and short, if you are a shorter term trader. This market has multiple years left on the upside. We just have to deal with more volatility. Start getting concerned somewhere near September or October 2016; otherwise, for now, enjoy the ride. Get long anywhere. Dip or not.

The threat the Fed is fighting is deflation. They are trying to spark inflation. I will bet ( am betting ) that they succeed. Glass Onion, thanks for the links.

Low inflation means higher real interest (interest - inflation) which means the dollar becomes a safer haven which means foreigners become more likely to leave thier money on account in US banks, treasuries, and etc, rather than exchange it for accounts in local or other currency A strong dollar tends to decrease the attractiveness of our exports and increases the trade deficit. Gold needs a crisis and with each positive economic report, a crisis looks less and less likely to occur. Gold has been a horrible inflation hedge. Land is probably a better hedge against inflation.

JP Morgan never said that. Barry Rosen said that JP Morgan said that. JP Morgan could give a shit what the markets did. He was interested in earning fees, commissions, etc and trading with privileged information. I said that.

Actually, most are long or keep trying to get long. You are the lonely one.