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The Incredible Charts Omen

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ingot54
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Username: ingot54

Post Number: 2258
Registered: 05-2004

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Sunday, June 26, 2011 - 07:15 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



I know this is not new, but tonight when I logged in, I was incredulous that there were only:

3 posts today
21 posts over the past 3 days
64 posts for the past 7 days

Is this indicative of the mood of the markets?

Do people stop posting when they perceive (intuitively?) that the bear market rally is over?

Is the Incredible Charts daily post count a reliable indicator to short the market?

If so, then it is far more reliable than the Hindenburg Omen as a market indicator.


Keep Smiling - Don't look back

Hell, there are no rules here - we're trying to accomplish something ~ Thomas A. Edison

Never believe that a few caring people can't change the world. For, indeed, that's all who ever have ~ Margaret Mead


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colin_twiggs
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Username: colin_twiggs

Post Number: 1160
Registered: 06-2009

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Monday, June 27, 2011 - 06:24 am:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Ingot,

I agree that this reflects the market mood at present.

Regards,
Colin







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polpak
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Username: polpak

Post Number: 23
Registered: 07-2007

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Sunday, July 17, 2011 - 10:24 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Not sure about others... however like many, allowed success to intoxicate self, letting slip caution, ignored the trends so dug myself into a hole.

Achieved this concentrating on where would like to see things work... not where things do work !


When finally admitted self was failing myself, first thing was to order myself off, to take some time out.



IMHO this essential to unwind stresses - specially those self created, as built up in myself during time spent glaring up at same errors, whilst refusing to accept the reality of the hole was then digging myself into.


Reducing stress, improves understanding - for self, sure do hope so ;-)



Some time out, am now happier reading, re-reading, re-viewing and listening to what is happening now...


Find is easier to accept my need to brutally trim my decision making - thus some of my holdings, to concentrate on where did better, to avoid repeating what previously did so badly !

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