False Assumptions are Killers...
Posted by
Jeffrey Ziegler in
Uncategorized on
March 3, 2011 |
1 Comment
There are two things that I hear on occasion that always make me laugh.
Number one – This move up or down has to keep going because of such and such.
Number two – This Market has gone too far, we are at a top or a bottom and it can’t go any further.
When I find myself thinking such things, I do an immediate “check up from the neck up” because I know that I...
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We’ve Seen This Before… Deja...
Posted by
Jeffrey Ziegler in
Uncategorized on
July 2, 2010 |
3 Comments
If you remember back in 2008 (2 years ago, almost to the DAY!), I made a Weekly Coaching Video that talked about a bearish formation that rarely happens.
In fact, it is so uncommon that it has only happened a total of 4 times in the last 10 years…. and the last time was a huge flashing warning sign about a likely downside move.
Shortly after I made that video, the market tanked in...
3 Responses to “We’ve Seen This Before… Deja Vu?”
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Patricia says:
Went to cash back in April & have been trading SDS and FAZ since (buying calls and selling puts)with great success. Also trading bear call spreads in the SPY and bull puts in FAZ, again with great success. Plan on continuing with this stragedy until the trend changes.
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Robert Carr says:
I’m buying SPY puts.
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kenb says:
Sounds like it’s time to remove one of the wings of the iron condors for awhile and just play the bear call spread. We’ll see how it plays out….
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I get the biggest laugh from these self proclaimed market experts who think they know which way the market is heading. Using Jeff’s coaching I’ve been making 10% to 14% a month in the markets simply by looking at what a chart is telling me, and laughing at all the talking heads out there.