I think we agree 100%. The last line was intended to get across that maintaining regular contributions to a retirement account through a market slump is the way to get ahead with minimal effort. Deliberately raising the amount of those regular contributions can help even more.
I think it’s disgusting that market instability yields profit, but that’s the way it is. Buy more while the suckers are selling cheap.
Gotcha. Yep…we’re on the same page.
I think I posted this here before but if not…it was a write up I did a few years back about using stochastic to time your contributions in long term investments.
another decent day for the long term treasury bonds :tup:
lol just saw this http://www.collegehumor.com/video/6477219/remix-e-trade-baby-loses-everything
TVIX still saving my ass…gotta love it as a hedge…
Should I buy soon so I can sell when it gets high lol
WWWBD
What would Warren Buffett do?
LUL
All kidding aside…we have some support right below us but the momentum is SOOOO strong. This cannot turn on a dime. Look for consolidation at support if the bulls even have enough balls to step in front of the moving train. Volatility is a knife that cuts both ways…there WILL be some wild bounces eventually. I’m going to be shorting them when they present themselves.
Obamageddon, Barackalypse Now. Sorry could not resist when I saw that. 
LOL @ ^^^^^ slogans.
I don’t want keep posting links in case NYSpeed brass may become annoyed with em. I just did a blog on volume profile and the YM (DOW Mini) levels from the fallout, for those interested. 
Are we going to see a saw tooth market for a while? Some people could make some big money if they play it correctly.
Real big money is made from trends not chop. The whipsaw action can both make and cost alot of people.
Psychology wise…consolidation is a tug-o-war where no major wealth is gained or lost till the breakout of range. Sure there are daytraders & scalpers in the mix raking in money through their own liquidity pool. When either the longer timeframe participants step to the plate, or when a max pain threshold is reached…then the range will break.
Bottom line…buy support and sell resistance. The easier we make the market the better off we will do. 
soooo awesome
90% chance of profit on GLD ratio spread. Check my blog for the specifics if interested. 
Besides that…here’s something to chew on.
Here’s my view of the YM this am on a tick chart. Caught a short at 11,220 resistance. 8)
Any forex guys here? One side of that large volume will be correct and the other side VERY wrong.
Thoughts?
Uhhhh…Chris didn’t even text me to boast. JBL did us proper…we’ve hit the 50% gain level. 8)
Gold rush on eBay!!!
http://hosted2.ap.org/txdam/8ee23eec2aaf4b0a8e83972c03f8f32e/Article_2011-08-14-US-EBay-Gold-Sales/id-708ca739283a4e8aa10228e6f3f1f194
$1818
TVIX 54.05 +15.66 (40.79%) :redface:
I am almost at my price point to get into crude oil. When I do I’m going to get into it by shorting SCO. Long term all leveraged ETF’s go to 0.
I am making an ass load on these 3x Bull/Bear ETFs lol
Did not expect this last drop though.
FAS, FAZ, and TNA
Be careful. We all got faz’ed in the ass by them back in 2009.
Buffet - $5 billion - BoA!!!