Right, fair enough -- though I would argue "smart money" has more use as a label in the context of specific fundamental knowledge. JWH seems...
That doesn't make a whole lot of sense. Smart money is usually defined in the context of specific knowledge about a specific market, e.g. energy...
Who are you talking to? If you're talking to me, considering I have posts of substantive content on this site dating back to 2002, i.e. more...
Trading Wisdom 55: Dominating a "Simple" Game "Marion Tinsley won a lot, too, but it wasn't because he was lucky. Tinsley was known as the...
Gold looks great... gold stocks look terrible Hugh Hendry, the amusing Scotsman who runs Eclectica Asset Management, hates gold stocks. He...
Trading Wisdom 54: Form as Freedom "Far from wishing to waken the artist in the pupil prematurely, the teacher considers it his first task to...
Requiem for a Twinkie [img] R.I.P. Twinkie Market: March 2009 - Nov 2012??? Read more:...
Trading Wisdom 53: Technical Analysis Fact and Fiction "Technical analysis, I think, has a great deal that is right and a great deal that is...
[img] When all four rise simultaneously, bad moon rising Via http://www.mercenarytrader.com/2012/11/the-four-horsemen-ride-again/
This is a completely worthless, and to a large degree thoughtless, observation. A flag in a random situation is random, because, being a...
The Four Horsemen Ride Again Under normal circumstances, these market bellwethers are not correlated. The "horsemen" generally do not ride in...
Trading Wisdom 52: Not the Tools Themselves "The truth is that we constantly acquire and discard sets of tools. So we should not be fixated on...
[img] Semis (SMH) stone-cold rejected on Friday... downside followthrough this risk-laden election week? Via...
Obama Pocket Kings, Romney Pocket Queens? If the bookies' electoral college math is right, here is a way to visualize from a poker perspective:...
[img] [img] USD breaking out... and gold looks like crap... via http://www.mercenarytrader.com/2012/11/corleone-market/
Corleone Market "Just when I thought I was out... they pull me back in!" - Michael Corleone Read more:...
Trading Wisdom 51: Taking Beatings and Investing in Loss [UFC welterweight champion Pat Miletich, describing his early fighting style:] "I was...
A moving average cross can mean lots of things, including nothing -- although a cross that has not occurred for 12 months is fairly interesting...
Trading Wisdom 50: Complexity is Not Sophistication "Increasingly, people seem to misinterpret complexity as sophistication, which is baffling...
[img] How many more rabbits will AAPL bulls pull out of a hat?
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