New Indicators: Codes for scripts, etc

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SOL
Power VS Force
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Re: New Indicators: Codes for scripts, etc

Post by SOL »

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This chart seems to suggest that when the so-called "Dumb Money" enters the market, prices tend to rise and vice versa. You can see this pattern in the chart over the last few years. It's worth noting that finding data to support any hypothesis is possible if you look hard enough. Additionally, it's essential to question the sources and methods used to collect this data.

In general, extreme sentiment tends to be a good indicator of market turns or tops. At the moment, the masses don't seem to be in a state of panic.
When the words short term appear under any post; the same conditions listed in the Market update under the short term category apply

The end is always near; its the beginning and how you live each moment that counts the most
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Yodean
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Re: New Indicators: Codes for scripts, etc

Post by Yodean »

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Buy Fear, Sell Euphoria. The Neonatal Calf undergoes an agonizing birthing, while the Bear falls into hibernation.
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Tobeornot
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Re: New Indicators: Codes for scripts, etc

Post by Tobeornot »

I am going to wait fear levels to rise. Looking at all the data aaii sentimentsurvey, and several other sources, in addition to everything that is posted here, nothing smells of climax yet. Maybe the wrong phrase to use :mrgreen:

While my colleagues are somewhat nervous, nothing resembles the fear of COVID or 2008-09 crisis, so until then, this is my strategy

Use my short term portfolio to buy and sell stocks that I like but don't think make for long term holds, at least not yet.

In my long term and larger portfolios. I have placed limit orders that are significantly lower than the current prices.

Now I sit and wait.

I used the rallies this year to lighten up on all my profitable positions. I am now close to 50% in cash.
Live today or die tomorrow
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outof thebox
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Re: New Indicators: Codes for scripts, etc

Post by outof thebox »

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This guy is quite ballsy. He criticizes everyone, but looking at the chart, am I mistaken, or was the Dow supposed to hit 37K in March 2023?

His platform is excellent for contrarian data. I made a substantial profit buying puts on COIN when many thought it would keep soaring.

It'll be interesting to see if he admits his Dow prediction was off or if he finds a way to explain why it's not raining while it's pouring.
If you don't fight today, someone will knock you out tomorrow
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Yodean
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Re: New Indicators: Codes for scripts, etc

Post by Yodean »

outof thebox wrote: Fri Mar 24, 2023 11:38 am His platform is excellent for contrarian data. I made a substantial profit buying puts on COIN when many thought it would keep soaring.

It'll be interesting to see if he admits his Dow prediction was off or if he finds a way to explain why it's not raining while it's pouring.
YodaDeem (Nadeem Walayat) is followed by many here - some, you would never expect, in a thousand years :lol: . Trust me ... :mrgreen:

YodaD is one of the few who called the bear market in 2022, in late 2021, in real-time. Also called the bottom in tech in October '22. Still two of the greatest calls I have run across in recent years. I've been following him for years, debate him endlessly, but don't listen to him enough.

Long-term, over the last many years, few have been as accurate as he has, based on my forensic auditing. You could criticize some of his high risk picks like MTTR, an IPO like COIN, etc., but that's just cherry-picking - he also made amazing calls like accumulating META, TSLA, etc. when they were getting demolished. He also told his subs that his high-risk picks were either "hero or zero," and to avoid them based on risk tolerance.

Btw, quite bullish on COIN atm.

The YodaD has some unacceptable geopolitical and medical views, unfortunately, but hey, one can just focus on his particular area of competence.

His Patrons are another story - most are Sheep, with a rare bright, independent mind mixed in there - and unfortunately I occasionally take a perverse delight in provoking the Sheep there.

So his Patrons are a good source of contrarian sentiment info.

The YodaD is for real - dude's got the Force wrt the markets, despite his four jabs. Hopefully he's not going to get a fifth - I did my best to dissuade him from doing so.

I am pretty sure his 40+ year CAGR beats everyone here, and in most other places. He's ForceElite. 10-year CAGR, 20-year CAGR, YodaDeem rules all.
Buy Fear, Sell Euphoria. The Neonatal Calf undergoes an agonizing birthing, while the Bear falls into hibernation.
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