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Post by maxi on Apr 10, 2012 18:13:03 GMT -5
www.stockmarketmentor.com/public/3770.cfmI want to know where I can find the first 2 indicators. Other than that he did this on Thursday and all his predictions were ... uh how shall I put this delicately? WRONG !
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Post by jack on Apr 10, 2012 18:22:06 GMT -5
www.stockmarketmentor.com/public/3770.cfmI want to know where I can find the first 2 indicators. Other than that he did this on Thursday and all his predictions were ... uh how shall I put this delicately? WRONG ! That guy lost all credibility w/ me last Fall when he reco'd dumping AAPL. |
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Post by maxi on Apr 10, 2012 18:23:55 GMT -5
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Post by maxi on Apr 10, 2012 18:30:58 GMT -5
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Post by tendermyshares on Apr 10, 2012 18:41:39 GMT -5
Huh, didn't know there was a symbol like that, S&P500 stocks above 50 day moving average. Dangit, and just a few days ago I knew everything.
Isn't taking the 50 day moving average of 500 stocks above their 50 moving average kind of like taking the VIX of the VIX of TVIX? Which would also be an excellent indicator.
I kid, but that's a cool symbol. I won't watch the dumbass guy's video though.
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Post by maxi on Apr 10, 2012 18:45:23 GMT -5
www.stockmarketmentor.com/public/3770.cfmI want to know where I can find the first 2 indicators. Other than that he did this on Thursday and all his predictions were ... uh how shall I put this delicately? WRONG ! That guy lost all credibility w/ me last Fall when he reco'd dumping AAPL. I think some of the video is quite valuable tho as a tool for understanding movement. Most stuff I post is not to tell you to buy or sell something but to help you understand what is available to look at and help you learn to make your own decisions. I am a much better teacher than a trader tho!  |
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Post by maxi on Apr 10, 2012 18:47:58 GMT -5
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Post by tendermyshares on Apr 10, 2012 18:53:53 GMT -5
But you just said he was wrong in like 72 point caps. I saw one of his before and wasn't impressed. If I want to watch wrong guys with important information I'll watch FastMoney. That guy lost all credibility w/ me last Fall when he reco'd dumping AAPL. I think some of the video is quite valuable tho as a tool for understanding movement. Most stuff I post is not to tell you to buy or sell something but to help you understand what is available to look at and help you learn to make your own decisions. I am a much better teacher than a trader tho! |
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Post by maxi on Apr 10, 2012 18:55:22 GMT -5
But you just said he was wrong in like 72 point caps. I saw one of his before and wasn't impressed. If I want to watch wrong guys with important information I'll watch FastMoney. I think some of the video is quite valuable tho as a tool for understanding movement. Most stuff I post is not to tell you to buy or sell something but to help you understand what is available to look at and help you learn to make your own decisions. I am a much better teacher than a trader tho! Tender, in my classroom you are a grad student. Most stuff I post is for grade school and junior high....  |
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Post by theMIST on Apr 10, 2012 18:56:14 GMT -5
LMAO Tender
You just discovered my contrarian indicator
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Post by tendermyshares on Apr 10, 2012 19:00:19 GMT -5
Thanks, Maxi, but can I just audit the class, I can't handle all the required reading grad students have to do.  But you just said he was wrong in like 72 point caps. I saw one of his before and wasn't impressed. If I want to watch wrong guys with important information I'll watch FastMoney. Tender, in my classroom you are a grad student. Most stuff I post is for grade school and junior high.... |
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Post by theMIST on Apr 10, 2012 19:05:37 GMT -5
I think it was Steve Cortes that was heavily shorting BAC at like $8. Told viewers to short and that would mean stomaching a move possibly to $8.20ish (worse case scenario) before collapsing.
Stress tests came out and BAC flew to $10. LOL
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Post by tendermyshares on Apr 10, 2012 19:11:17 GMT -5
And BAC barely passed, or didn't even pass, if I remember correctly, so in a way he was right. Sucks, doesn't it, to be right in concept and, well, you know. I think it was Steve Cortes that was heavily shorting BAC at like $8. Told viewers to short and that would mean stomaching a move possibly to $8.20ish (worse case scenario) before collapsing. Stress tests came out and BAC flew to $10. LOL |
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Post by maxi on Apr 10, 2012 19:41:55 GMT -5
15th of March FastMoney rec'd FCX. The got at least 2 followups, one of which was from "5 stocks I saw on TV", that supposedly explains how to play there's and Cramer's pics rather than just buying them blindly. The 5 stocks guy said, "It's just going to keep going up". Talk about a red flag. It did nothing for a week and then started its March from 44 to 36.50. Fast Money was one of the first shows I quit watching. That kid that likes Latin American stocks was the tell. He never stopped pumping them no matter how low they went. And Karen - just an old fuddy duddy. Besides the interesting entertaining guys all left... |
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Post by brosin on Apr 10, 2012 19:50:14 GMT -5
LOL @ fuddy duddy , can't say I've heard that one before
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Post by maxi on Apr 10, 2012 20:24:48 GMT -5
LOL @ fuddy duddy , can't say I've heard that one before You are SOOOOOOOO young! LOL.... A fuddy-duddy, sometimes without the dash, is a person who is fussy while old-fashioned, traditionalist, conformist, or conservative, sometimes almost to the point of eccentricity or geekiness. It is a slang term, mildly derogatory but sometimes affectionate too, that dates to ca. 1907[1] and can be used to describe someone with a zealous focus on order.[2] |
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Post by Clinton SPX on Apr 10, 2012 22:02:43 GMT -5
speaking of people wrong on Fast Money I need to check on all Gartman
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