Interim Update Oct 18, 2022

[MarkD]

I am day trading long calls and puts when I get bored. The Russell is divergently stronger than SPX and NDX. My guess is cash strapped smaller companies benefit more from a pivot by the FED FWIW.

[Centeron631]

I will get ready for the bang- back even tho i spent 40 years reading Laws and case laws where expression had to be razor precise.

That's the problem with having a legal background. Don't read TIT stuff literally - try to ascertain the main narratives behind all the grammatical and syntactical misadventures.

Translation of TIT: BTFD, STFR a bit (sell the friggin' rip) ... in good stocks, of course. STW (spin the wheel) like a ballet dancer.

Really, pretty much all you need to know atm.

Adjust position sizes and cash allocation based on individual preference - forget about trying to determine your own risk tolerance - this changes for most retail investors day-to-day, and most aren't totally honest with themselves - i.e. most investors have tremendous upside risk tolerance, but little downside risk acceptance.

Individual preference carries less emotional weight.

One can also DCA (dollar cost average) into the BTFD, and DCA out of the STFR.

nfa.

Yo all these acronymns give me head ache too.... need ur total accronym translation list.

[Centeron631]

I will get ready for the bang- back even tho i spent 40 years reading Laws and case laws where expression had to be razor precise.

That's the problem with having a legal background. Don't read TIT stuff literally - try to ascertain the main narratives behind all the grammatical and syntactical misadventures.

Translation of TIT: BTFD, STFR a bit (sell the friggin' rip) ... in good stocks, of course. STW (spin the wheel) like a ballet dancer.

Really, pretty much all you need to know atm.

Adjust position sizes and cash allocation based on individual preference - forget about trying to determine your own risk tolerance - this changes for most retail investors day-to-day, and most aren't totally honest with themselves - i.e. most investors have tremendous upside risk tolerance, but little downside risk acceptance.

Individual preference carries less emotional weight.

One can also DCA (dollar cost average) into the BTFD, and DCA out of the STFR.

nfa.

Yo all these acronymns give me head ache too.... need ur total accronym translation list.

here is dude that says BTD (he omitted the F so urs may be a different strategy) does not work but does say dollar cost averaging does..... but of course he does not have da TA but uses various charts to back up the point

https://www.youtube.com/watch?v=jDRA8551XfQ&t=625s

[SOL]

Having been othewise engaged a week ago Tuesday and most of the week i did not get to read this IU until the weekend.

Maybe it is intended to work in simplicity but i find the explanations as clear as wax paper, taking away from simplicity. Some of it again imo poor grammar and the lack of proof reading to see if there is room for other interpretations and lack of checking the parts in context of the whole, as i have expressed in the past. I do not expect this to improve much in future.

small sampling of confusions eg. We will now in the futureexplicitly warn(by.....) investors that fall within the low-medium risk category as follows :
that the Market is trading in the 70% overbought range- increase cash position to 25% of holdings
that theMarket is trading in the 85% overbought range- Increase cash holdings to 50%.

The long-term outlook calls for a stock market correction (as was the case last year)- Increase cash holdings by up to 75% (not certain if talking in present re long term outlook correction or the correction is to the upside or downside ) or Ti uses correction to always mean to the downside)(also not sure if this thought is completely separate from the previous statement or not)

The thing is these r my guestements of what is trying to be conveyed and that imo should not be happening and as i say this is only a small sampling of several and personally causing me headache. After repeating the reading still left in a swirl-imo an example of form destroying what could be very good substance. I will get ready for the bang- back even tho i spent 40 years reading Laws and case laws where expression had to be razor precise.

Please note that we cannot determine everyone's risk profile so these rules will serve as a guideline for all traders u

Nostradamus also spoke in long winded and sometimes confusing or self-conflicting prose. As does the bible. If you throw enough vague text on the page there are bound to be some sentences you can point to later that were correct. Or that you can re-interpret as correct.

It’s pretty surprising you bring Nostradamus into the equation. Pray, do tell how one confuses instructions with predictions. I provided a guideline for building cash for investors that fall into the low-medium risk category depending on market conditions. More importantly, I stated we would determine when each level was hit, thus eliminating the need for each subscriber to determine when the market was 70% or 80% overbought.



Also, I find it pretty amazing that the overview and intro should cause any confusion when we stated that we would separate the outlook into long-term and short-term views. All one would need to do is move to those sections for clarification. I suspect we will have to create another logo for the overview and place more warnings, but for now, I might just opt for the hassle-free option and stop providing an overview.


It seems the more we do, the more problems we run into. I could write the MU as a research paper as I have a strong background in biology, chemistry and physics, but those subjects don't correlate with the markets. Science, in general, is precise; the markets are chaotic and are driven by the worst emotions in the universe. Greed, fear, anger, frustration, rage, etc.


FYI, the overview section is written more in a free-flow on "the fly style", much like I adopt here.

[bpcw]

For those who think the TI service is not precise enough, here is a competitive service from Mystic Meg:

https://youtu.be/7pmUprGruxo

[Yodean]

here is dude that says BTD (he omitted the F so urs may be a different strategy) does not work but does say dollar cost averaging does..... but of course he does not have da TA but uses various charts to back up the point

BTFD works, but you have to BTFRDATRT (buy the friggin' right dips at the right times).

So choice of stocks, the size allocation of each lot, and the timing of the entry points are all important.

Each element carries some weight - this is where technical analysis, sentiment analysis, TrendForce ascertainment, and fundamental analysis comes into play - the aforementioned can improve how you BTFRDATRT.

Same with DCA - there is a time to DCA into positions, and a time to DCA out of positions.

The time to DCA out of equity positions was in Q4 2021 and Q1 2022 - hindsight is 20/20, of course. I didn't do that, but hopefully next time I'll be able to pull the trigger.

The time to DCA into amazing opportunities - like BTC, Google, AMD, TSM, INTC, GLD, SLV, URNM, LABU, etc. - is literally now, in my composite summary view.

Embrace volatility.

Nfa.

Watching YT videos and listening to others is gr8, to explore new ideas and perhaps discover some blind spots.

However, at some point, you have to stick your neck out and make an independent decision.

This stuff can't be taught, but can be learned.

The man who deliberates fully before taking a single step will spend his entire life on one leg, and likely get vaxxed.

[jonnyfrank]

Ok....META was a recommendation once upon a time on one of the newsletters.....what to do now? Buy at $99 a share like there is no tomorrow? Thoughts?

[bpcw]

Ok....META was a recommendation once upon a time on one of the newsletters.....what to do now? Buy at $99 a share like there is no tomorrow? Thoughts?

I have created a separate post for this: viewtopic.php?p=13508#p13508

[AstuteShift]

The markets will always expose your weaknesses, and this correction is no different

Think of MP like the force, if you don’t respect it then you will fail over and over despite the answer being right in front of you and taking the necessary steps

The markets are not logical. It’s a giant Ponzi scheme and you’re playing against the best of the best. The predators don’t flinch and don’t play by the rules however they do leave footprints or clues.

In schemes, emotions rule the day. If you spend enough time in studying the emotions then you can pick up what a person is saying and not saying. Another is what is popular is usually bad for you most of the time.

There is no free lunch and the bad guys win in the real world. Doesn’t mean to give up but you to be aware how much cannon fodder is in you. That’s the key

[Centeron631]

here is dude that says BTD (he omitted the F so urs may be a different strategy) does not work but does say dollar cost averaging does..... but of course he does not have da TA but uses various charts to back up the point

BTFD works, but you have to BTFRDATRT (buy the friggin' right dips at the right times).

So choice of stocks, the size allocation of each lot, and the timing of the entry points are all important.

Each element carries some weight - this is where technical analysis, sentiment analysis, TrendForce ascertainment, and fundamental analysis comes into play - the aforementioned can improve how you BTFRDATRT.

Same with DCA - there is a time to DCA into positions, and a time to DCA out of positions.

The time to DCA out of equity positions was in Q4 2021 and Q1 2022 - hindsight is 20/20, of course. I didn't do that, but hopefully next time I'll be able to pull the trigger.

The time to DCA into amazing opportunities - like BTC, Google, AMD, TSM, INTC, GLD, SLV, URNM, LABU, etc. - is literally now, in my composite summary view.

Embrace volatility.

Yodean good Day! Can u expand on how this DCA out of positions is going to work - first at what point in the Nasdaq do u forsee urself starting the implimentation and what can u tell me about how to implemenet, the spacing and the variance depending on general market conditions ie volatility of the Mkt? with regard to this interesting concept.
This is the only article but it is mainly discussion that i could find and i believe they called it Scaling https://money.stackexchange.com/questio ... -averaging

By the way i have a new acronym that i use to remind me of a polite way to swear when i try to figure out what Sol is saying or what Ur acronyms mean...... FRC hints: 4; common world staple food; something used at birthdays..... I did not invent this but an older dear friend now passed who was head of the Shriners world wide did and it was his fav expression

[harryg]

By the way i have a new acronym that i use to remind me of a polite way to swear when i try to figure out what Sol is saying or what Ur acronyms mean...... FRC hints: 4; common world staple food; something used at birthdays..... I did not invent this but an older dear friend now passed who was head of the Shriners world wide did and it was his fav expression

My guess: FOUR RAVIOLI CHILDREN

[Centeron631]

not quite Harry G but has to remind u of a swear and rhyme with it..... hoping to hear back from Yodean at least on the meat of my posting about cost averaging selling.... maybe he will take a stab at the acronym to as the master of acro's

[Yodean]

not quite Harry G but has to remind u of a swear and rhyme with it..... hoping to hear back from Yodean at least on the meat of my posting about cost averaging selling.... maybe he will take a stab at the acronym to as the master of acro's

to make some hay, ya gotta DCA ... money's gonna rain, time to get on the gravy train ... buy the right dips, and partake in the upside rips!

[outof thebox]

not quite Harry G but has to remind u of a swear and rhyme with it..... hoping to hear back from Yodean at least on the meat of my posting about cost averaging selling.... maybe he will take a stab at the acronym to as the master of acro's

to make some hay, ya gotta DCA ... money's gonna rain, time to get on the gravy train ... buy the right dips, and partake in the upside rips!

Loud mouth Powell makes the job dicey, but based on sentiment here and outside, I would think that a bottom is in place at least until November. Overall I agree

[Yodean]

I don't know too much about the 4th way but there are cross overs as there is with the likes of Buddhism, the obvious difference is a belief in a supreme being.

https://youtu.be/CpwQNtmCJjs?t=1200

*****

This one's interesting. It's an interview with Tom Basso (Mr. Serenity), one of the Market Wizards featured in Jack Schwager's 2nd book (_New Market Wizards_).

At the time-stamp (20:00), he describes "watching himself trade" as opposed to "doing the trading."

It's really a form of self-observation, which is a part of the 4th Way, as well as the essence of classic Zen meditation.

Mr. Serenity also talks about this in _New Market Wizards_, so he's been doing this for many decades.

Pretty cool.

For some reason, Basso also follows the Ninjedi on Twitter:

https://twitter.com/NarcissusNinja/stat ... 2388511747

Don't hold that against him.