Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

In this Discussion

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

Art Cashin: "Beware Triple Crown Indicator"

FYI: Art as well as Barry Ritholtz must have read my Besposke link ! Unfortunalely, our own MFO JonH Wayne (John Chisum) thought it was drivel
Regards,
Ted
http://video.cnbc.com/gallery/?video=3000386530&play=1

Barry Ritholtz: http://www.ritholtz.com/blog/2015/06/american-pharoah/print/

My Bespoke Link From Yesterday:
http://www.mutualfundobserver.com/discuss/discussion/21604/what-american-pharoah-s-win-means-for-the-market#latest




Comments

  • What is the difference between believing this is an indicator and fearing black cats or going to an astrologist to make major life decisions? Might as well check the phases of the moon. In fact, checking the phases of the moon makes more sense because the moon apparently does affect people's moods.
  • In fact, checking the phases of the moon makes more sense because the moon apparently does affect people's moods.

    Hence a blue moon.:-)

  • The title of Mr. Ritholtz's blog post:

    More Fun With Useless Correlations: American Pharoah
    Posted By Barry Ritholtz On June 8, 2015 @ 9:00 am In Bad Math, Cognitive Foibles, Investing
  • ART CASHIN - Beware of Art Cashin


    ART CASHIN: Beware Of Solar Storms
    http://www.businessinsider.com/art-cashin-beware-of-solar-storms-2013-11

    Art Cashin Warns: "Beware The Ides Of September"
    http://www.zerohedge.com/news/art-cashin-warns-beware-ides-september

    Art Cashin On Spain: 'BEWARE OF THE INVISIBLE'

    Art Cashin On Spain: 'BEWARE OF THE INVISIBLE'

    Read more: http://www.businessinsider.com/art-cashin-spain-beware-of-the-invisible-2012-6#ixzz3cWUvymv8
  • ART CASHIN: Beware Of Solar Storms

    image
  • edited June 2015
    Speaking of indicators ... Laugh if you wish ... but, I track and note the S&P 500 Index readings with respect to the new and full moons. And, I have used the moon's phases to position cost average into some of my current positions. Now, let's see, the harvest moon comes this year on October 13th. Perhaps, this might be a good entry for the traditional fall stock market rally ... or ... something that might be very nasty to follow. Currently, I am leaning towards the fall rally as I feel excess valuation in the markets should be worked off by then. But, one never knows for sure if this is how the fiddle will be played. So, stay tuned.
  • Old_Skeet said:

    Speaking of indicators ... Laugh if you wish ... but, I track and note the S&P 500 Index readings with respect to the new and full moons. And, I have used the moon's phases to position cost average into some of my current positions. Now, let's see, the harvest moon comes this year on October 13th. Perhaps, this might be a good entry for the traditional fall stock market rally ... or ... something that might be very nasty to follow. Currently, I am leaning towards the fall rally as I feel excess valuation in the markets should be worked off by then. But, one never knows for sure if this is how the fiddle will be played. So, stay tuned.

    http://www.csicop.org/specialarticles/show/astrology_more_like_religion_than_science/

    http://www.csicop.org/search?cx=partner-pub-7990294390318881:kq7omegpkyf&cof=FORID:10&ie=UTF-8&q=astrology&sa=»

    image
  • edited June 2015
    Hi Dex, Thanks for your response to my comment.

    Below is a link that will explain my come back ...

    http://www.theidiotandthemoon.com/moontrading.html

    Again ... Laugh if you wish ... but, for me, it has worked more times than not. And, there are certain conditions under which placing assumed trades can result in losses. So make sure you print a copy of "The Idiot & The Moon" for reference. Of course, there is a cost associated with its printing.
  • Great thread. LOL
  • @Ted Here's the thing: mutualfundobserver.com/discuss/discussion/comment/44820/#Comment_44820
    I defended you after you stole my work and other MFO members were talking about banning you from the site and David suggested your posts be monitored and edited or as you called it then "censored." Your response to that situation is to now mock or attack me every time I make a post simply because my opinions differ from your own. And it's not just me. I see you attacking other posters simply for linking articles you don't like or see as irrelevant, even though many of your links are non-mutual fund related. You're acting like a cyberbully. It's disrespectful and you need to cut it out.
  • Ted? Anyone who disagrees with you, you bully, insult or tell to shut up. You sound more and more like the Russian Communists you claim to despise every day. MFO = A totalitarian State of Ted.

    That's his way of saying he loves you.

This discussion has been closed.