Replies to post #265963 on SPDR S&P 500 (SPY)

[JTrader]

Every ten years there seems like there’s a massive correction/crash. 2018-2020 is the end of the ten year cycle. Also note that certain sectors are indicating tops as well. For instance, SMH has reached the exact same levels it was at before the dot com pop.

Trying to time it is a fool’s game, but a broken clock is right twice per day. My guess is the only people who will make money off the truths behind the doom and gloom are tutes and random lucky gamblers.

[Savoir Faire]

Tune out Noise

Don't you wonder how they time those 'stories' and info leaks to come just at the 'right time'?

It's like the Outer Limits intro: "Do not touch your (computer) we control the action, we monitor your behavior, we buy your short sightedness, we profit from your panic"

At least technicals are just, well, technical. There is no ambiguity or very little with them. They are what they are. You can interpet them but they're numeric in nature and derived from price. Fundamentals on the other hand: news, rumor, innuendo all subjects of conjecture, play into fears and spread like wild fire whether false or not. Interestingly enough, they support many points of view. Each statement bendable to the alterior motives/points of view of the author. Opinionated and biased. Rubbish.

Noise is a distraction while their picking your pockets. Don't buy the lie.

Trump will tweet, something will happen globally, the press will lie or half-truth stories. Focus on logic and computations not conjecture and gossip. Your account will thank you.