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Sparktrader

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Everything posted by Sparktrader

  1. The competition began in 1983 and ran for fifteen years. It was restarted in 2019. Winning the $1,000,000+ stock division with a record shattering + 334.8% is Mark Minervini. The prior record in the $1,000,000+ stock division was + 119.1%, set by George Tkaczuk in 2020. Guess what Mark uses? Charts! https://au.lifestyle.yahoo.com/2021-united-states-investing-championship-131500406.html
  2. Paul Tudor Jones uses Elliott Waves. Most currency traders use candle sticks and trading channels. A chart is just a measure of market forces. Nothing magical about it. The US trading championship is normally won by chartists as well.
  3. The OP asked for stock picks. You said it might take 10 years for the market to recover. Let us see how that goes. I see a new high in 2 years.
  4. Yes millions go overseas cause its better.
  5. I agree however a phone is a computer. But you are right. The old share a computer was better. Internet cafes.
  6. Poor people cant afford to travel. Im still on plan B. Are you on plan C?
  7. Biden is exactly what was expected if anyone was paying attention.
  8. Tuna cans are sealed. Never in fridge in any country. All salted. They last many months.
  9. It would go bad otherwise
  10. https://www.cnbc.com/2009/12/03/the-inverse-relationship-between-the-dollar-and-stocks.html
  11. Lots of Phuket hotels have kept their prices the same this week. I did a search. And if booking sites take 15% why would you not do deals in person? Last week they did a deal. Is it magically 50% more busy than 3 days ago? No it is not. Speaking of Chang, the staff at one hotel had a price sheet written in pencil with minimum prices. She had it in front of her. I saw the minimum so asked for that price. Poor customer service isnt a one off napkin. It happens 50% of the time.
  12. So that is a no. I don't think anyone should take investment advice off forums. Especially if people have never studied economics or finance. Listen to Buffett or PTJ. Proven track records.
  13. Have you studied economics? I think it's important to say that yes or no.
  14. Economic data is all smoothed and selective. Inflation data is cherry picked. Have you studied economics?
  15. I Iisten to PTJ, proven track record. Not randoms. Up to you. Whats your track record?
  16. I can pick noses. PTJ has been goos for 40 years. Next year is the low.
  17. Technically correct. Real or technically are different.
  18. The best predictor of the future is the past. All cycles. Markets are not illogical all the time, just over reactions. Markets go up or down more than they should due to greed or fear. The long trend is up.
  19. https://www.cnbc.com/2022/10/10/paul-tudor-jones-believes-we-are-in-or-near-a-recession-and-history-shows-stocks-have-more-to-fall.html 300 days for average recession is about 12 months of chop. I agree with Paul. Paul is 20 times richer than "Burry".
  20. Only short term. Long term they reflect profits. If profits grow on average 8% then stocks on average go up 8% pa. BHP was $14 in 2016. The price was illogical. Analysts said sell. Went to $54 back to $35.
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