$COMPX 2048.11 -9.37 -0.46% 2,440,877 2064.15 2040.73
$INDU 9487.67 -21.61 -0.23% 1,400,150 9524.78 9430.08
$INX 1025.21 -4.64 -0.45% 0 1030.60 1019.95
After further reviewing many charts and market sentiment, markets can be manipulated to either side as noted that markets have bounced off from SPX 1020 and respective areas for other markets. Market and traders are dragging markets to upside as we have seen since the March low; and, as noted, we do not have a confirmation of a meaningful pull back yet as all major markets are still trading near at pivots even with the last few days pullback. This market has been a lazy dragging up markets since the March low -- in reality, defrauding billions and trillions from the US Treasury using economic theory and market hype. As millions are turning into markets for trading in a way to make money -- drawn into trading markets especially during the economic downturn, markets have high risk/reward than ever before.
So far, this market in 2009 has been either you need to:
1) hold and stay lazy as markets were dragging up, or
2) focus as it is easy to make mistakes in fast moving markets.
For short-term trading, it is a complete waste of time to be involved in message boards as I repeatedly said in the past. The market makers will spot any meaningful posts by good traders and sooner or later will fade them as that's how market makers and specialists make money -- from others.
It is astonishing how the financial market environment has changed during the last few years -- millions around the world is serving Mammon -- "666" as in the Book of Revelation. We are living in the last days.
It is quite elementary to draw trendlines, supports and resistances; and to use fib retracement levels as markets can only go up, down, or sideways -- Discipline of money management is the key.
Market sentiment is still being brainwashed as bull market propaganda -- and a very few is now speaking truths as money manipulation and scale is getting worse than ever before as we are living in last days -- Praise GOD and Glory to GOD we can find peace and comfort in HIM!
Regarding financial message boards:
I always thought that it is a waste of time and distraction to be on message boards, so I never did until BUSH deceived Americans with financial terrorists alert in 2004 when I started to get involved.
I have spent years on "financial boards" since 2004 -- and nothing good comes out of being on message boards -- especially experienced traders. Also new traders can be better learn by focusing on the markets.
Many eyes are there to rob you with all kinds of deception and manipulation -- not to make you to get rich as market makers and specialists are making money from others.
It is astonishing how the financial markets have changed during the last few years as unemployment rate rises, they are all turning into trading markets -- but many have gotten slaughtered even college students after Cramer college tours. Now, some will trade with their 401K money because of economic situation -- that will also likely be a part of widening the wealth gap as a few colluded money is manipulating the markets.
Many have turned their eyes into mammon rather than GOD as we can see many claiming to be Christians as example, but they are enslaved by demonic mammon.
Even so, GOD Almighty who created the Heaven and earth will return for those who truly believe HIM to take true believers to the Heaven with Him.
PRAISE GOD -- GLORY to GOD!!!
No comments:
Post a Comment