Bob's long-winded PTM thread, page-83

That's completely right, I have absolutely been factoring this into how I play the game for a while.

Don't think left and right is anything more than a way to have the NPCs at each other throats 24/7 while the scumbags behind the scenes loot the system.

Deliberately not using charts is actually an advantage.

The most important trading thing is are we in a bubble (= don't short) then to pick your spots to short after the peak which was Jan 2022

People like Druckenmiller are stock jobbers they buy what's going up in the bubble and make a lot of money that way but it's a shitty pump and dump IMO.

But aside from is this a bull or bear market using TA puts you at a massive disadvantage to investors who have adequate diversification to reduce volatility and gently fade momentum.