Trading and investing are SPECULATION. So is one's analysis. Why is this so? Because the astute trader/investor knows he is at best dealing only with PROBALITIES. Nothing in the markets ever gives off CERTAINTY and if it does, then it is the only time it is certain that a reversal is imminent. One examines the probabilities and take the shot when the odds are in one's favor. So abs. yes, I am speculating. You think marriage is a sure thing? Dip it elsewhere and see how quickly the odds change against you!!!!
michael covel: doesn't trade, period. i asked him to his face after a speech he gave at a trading confo, he kind of got jittery cause it wasn't just the 2 of us there but basically he admitted that he doesn't trade by himself, he entrusts other ppl etc... sorry to burst yr little bubble bud'... am unsubscribed to this thread.... with an OP post like that, can't be worth a penny
Michael Covel got jittery in public because YOU asked him if he trades? That's like saying YOU (wildebeest) walked up to a blackmaned lion in his prime and asked him if he had made a kill recently and the lion farted, shook his mane and walked off.
No he isn't M A I M E D. For your homework look up the antonym of "maim" and add then appropriate ending to adverb it as reqd. ----------------- For any other idiots that didn't get it ..... Covel has put out some excellent work on trend following. It is the best book I've read but still eclipsed by the towering giant, "TA of stock trends 9th ed." - which flogs all the classics listed at ET including that bum book, "rem-in-issss-en-es of a cock operator" Since Covel has a license to hunt, kill and maim at ET without intervention by the EPA and others, I wish him success and hope he gets them all. The market will kill us all anyway, so its just a question of will Covel get fed while the market fcks him too - or not? Either way I'm way past giving a flyin fck.
In case you clowns haven't gotten it, this thread is akin to Rowdy Roddy Piper's seminal movie ..... he felt the same way as I do about ET (Electric Termagents = take the mask off the wite face and the blackness of energy is evident) I'll do my part, Roddy, Note how he nails the snitch, bolimomo. http://www.youtube.com/watch?v=1jPG_JEyt-M
Oh I forgot an important point .... that first cop car pulling up ....... was not the mods - that was TraderZones If you look carefully you'll see Baron - at the desk laffing his ass off as the greater the mayhem the more money he makes. America - what a country!!!!!!!!!!