@Gaunts – This guy is 100% correct in that 3 of 4 situation you get fired
I joned a team at a certain investment bank and 4 of the 4 sales people all thought rates would rise Jan or Mar 2015. Why? Because it helps them SELL and at a certain point they started believing the BS they pitch to people and no longer know how to think for themselves.
I’m afraid this problem of “thinking for yourself” is becoming pandemic. Everyone is disillusioned from logical thinking now after watching this QE inspired BTFD market levitate for the past 7 years.
A whole generation of people who look at only only chart patterns without understanding market structure and economics.
Jeff – I have to say, I’m enjoying your commentary videos even more than I initially thought I would.
I do have a question in regards to the contrarian issue you’ve discussed. Using FCX as an example, would you consider going long here as contrarian? If so, at what point would you consider an FCX long to not be contrarian? If you’d rather thrust a purple crayon into one of my eyeballs, I totally understand.
Really appreciate what you’re doing here.
Kind regards,
Unc
Hilarious !! In 3 out of 4 situations, you get fired.
Your artwork is amazing.
awesome commentary, Smacke
@Gaunts – This guy is 100% correct in that 3 of 4 situation you get fired
I joned a team at a certain investment bank and 4 of the 4 sales people all thought rates would rise Jan or Mar 2015. Why? Because it helps them SELL and at a certain point they started believing the BS they pitch to people and no longer know how to think for themselves.
I’m afraid this problem of “thinking for yourself” is becoming pandemic. Everyone is disillusioned from logical thinking now after watching this QE inspired BTFD market levitate for the past 7 years.
A whole generation of people who look at only only chart patterns without understanding market structure and economics.
Jeff – I have to say, I’m enjoying your commentary videos even more than I initially thought I would.
I do have a question in regards to the contrarian issue you’ve discussed. Using FCX as an example, would you consider going long here as contrarian? If so, at what point would you consider an FCX long to not be contrarian? If you’d rather thrust a purple crayon into one of my eyeballs, I totally understand.
Really appreciate what you’re doing here.
Kind regards,
Unc
Was always a fan of Macke, now an even bigger fan at iBankCoin…stellar! Entertaining and interesting.