I have noticed no matter what year day hour minute or second they always have a chart or a statistic that shows the market going higher based on some historical chart or pattern. Every day I hear a new one...the one that I keep hearing the last few months is years ending in 5 are a guaranteed up year.
Lifted the stop to avoid a BS news knockout. Took another position at 2008.2, averaging 1992.8. Will exit if price goes above and stays above yesterday's high.
Let's see, Fed has no idea, "patient", so this is not passing the sniff test Mortimer. They must like thesauruses. Pack the suitcase cause we can carefully short the 2double Os til they figure it out. (to 1980)
How fucking pathetic the fed is leaving "considerable time" just like I knew they would....they will leave it that way and will not raise rates in 2015....they keep bluffing and bluffing. The markets can't handle rate hikes that's why they wont do it in 2015 The fed alwaysssssssss gives the markets what they want. Don't ever believe the fools who tell you the fed doesn't serve wallstreet what it wants, it always does.. .
I've been investing and later trading since 20 years. This is the easiest market I've ever encountered. Don't even have to trade anymore, I just short ATM puts and load the boat up to the gills. This is a great country and it seems we have decades of prosperity in front of us with cheap oil and a Dollar bull market.
Taken 1 more position for luck at 2003.9, averaging 1996.5. Let's hope santa gives me a run for my money.