Well, Jack ridiculed someone for shorting ES not long ago. He -- Jack -- was touting a triple bottom. Seems we've gone lower ... Hmm.
did i mention blah blah blah? INSERT BIG FANCY WORD " " HERE! yOURS truly, bLAH ps jac all i see is the overuse of use of the word "WAS"
What about people that actually feel the contrary state of mind? I sincerely think trading has made me a more stable, balanced person than before... I wasn't made for the brutal change between physically and cerebraly motivational youth/school to boring relation-based model of corporate work. First, trading gave me a challenge( be profitable ) and then a way to live, enjoy life and make projects, and it still requires some brain work, more than in most jobs( I'm totally down to re-begin from scratch if my methods don't function anymore). I don't know if my brain was originally damaged but I really enjoy this video game kind of lifestyle, I feel that I was quite made for it( at my little level ) and moreover, talking to profitable traders, feeling brain damaged, depressive... without any objective reason is quite overrated nowadays...
You may be confusing me with someone else. I did not comment. Here is what I would have said to provide the trading facts about the opportunity: About six trades occurred there and the "triple bottom" as it was referred to by the person who went long at the highs before the successful test of the second lateral. There was a prior lateral during that period and each lateral had contrasting Dom/non-dom's. Anyone could have seen that what was being called a triple bottom had the formation of a "peaking" consolidation (see Joe Ross or Linda Rashke, for example). Double peaks are called M's and the triple was two M's in formation parlance. Each M was a lateral channel and the Dom was different in the second one compared to the first. In other words, the pattern was telegraphing that a retrace (right after his "long and strong" call) then had a BO down into a dominant short which began the TREND. I do not ridicule people nor do I rant. I do not predict either but I do provide what can be anticipated. Usually to the day and to the price unit. If you wish, refer to my 2008 chart (posted at the new years period) where I show 7 legs (a leg is a segment of price movement.) We have ended the third leg and in J and J we are in the fourth leg. I show it as a line centered on 20 of the SPY. As annotated in text, the chart explains that this leg is a Summer leg and lateral As you see the CL and the DJ and S&P are exchanging potential and kinetic energy. The repeated peaks of CL correspond to troughs in DJ and S&P. The kinetic transitions are of opposite sentiments concurrently. After J and J the fifth leg starts and it will be short and last as long as the political uncertainty is a primary concern. There will be two more legs after that gong into the end of the year.
LOL. Do you really? Your shift lock is screwed up. were you excited typing your way from the beginning to the word WAS? WAS disappeared because I edited it out everywhere it appeared. (I didn't, but it is humorous to say I did it). lol
Jack, many thanks for your time and answers. I have some more questions, if you don't mind, but I need some time to formulate them in a concise way. I'll prepare them tomorrow. There are some implications in your answers about the irreversibility of the potential damage, and I would be glad if you responded. I hope, that this conversation is useful for others.
clearly we can see how virtual trading has damaged jack hershey's brain and actual trading has damaged mark brown's brain.
toupee! i no gimme kredit k ? ps did i fail to mention blah blah blah really big huge word here and there and everywhere. cum i have kewl aids for u all.