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SPDR S&P 500 ETF Message Board

  • penystoc penystoc Sep 23, 2011 9:30 PM Flag

    Market on balance

    You have no way or means to tell if the market is balanced or not.
    Watch your account balance and your longs will show you balance.
    you are the perfect example of why the big boys win.

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    • I'm not sure to whom this reply was addressed, but it was probably me.

      First, I'd need to remark that people who use the phrase 'big boys' generally believe the market is rigged and unknowable.

      Second, the phrase 'on balance' is a figure of speech you may not be familiar with. If English is not your native language, the term can describe the process where one weighs evidence in their mind.

      To say effectively that you can't tell if a market is balanced or not, which is what you've said, is to say that all analysis is futile, and all expression of opinion is offensive in its mere existence as a corollary.

      Having read a few dozen of your posts over the last month, I need to call to mind the reason I haven't already put you on Ignore. Laziness perhaps. But now that you've drooled on me, I think I will.

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