RevelsCat, I know I know... a bit boozy at home by myself and looking for a little stimulus… trying to pick a fight in other words. Doesn’t happen often, but I am really bored. I must say though my only qualm is with T4P, as I’ve seen him behind so many fizzes and it would appear so may seem to follow.
T4P seems to produce some informative posts and I never had a qualm with him until he started posting bullocks about “big boy” manipulation etc etc etc. I’ve worked with the so called “big boys” for many a year and I know how they operate and what he was posting was just fluff, yet so many believed him. In addition to that all he talks about is manipulation in pushing the price down when the majority of manipulation is pushing it up.
I trade on price action and mainly on futures these days so can contribute little towards fundamentals, so really just a lonely trader looking for some stimulus. GDN could have an elephant of a resource… I wouldn’t have a clue, but in my eyes it’s a gamble.
Remember though price is king… it shows what all market participants know, insiders or otherwise.
For the newbies and the people who haven’t read it you must read the book “Reminiscences of Stock Operator” by Edwin Lefevre… based on Jesse Livermore the greatest speculator of all time. This book got me into the game and am forever grateful.
GDN Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
