Funny you post this in response to me as I was about to respond to a post of yours in another thread where you were pointing out the EW fibonacci "guru's" years of experience. I decided not to post it. Here is what I was going to say (edited for journal integrity purposes): "There are lot of f'ing stupid people on this site." And by the way, that part about "he once said it also helps if you have a set of balls." He did not say that once. He said that a lot.
I think most will agree the market is precarious and quite dangerous atm. However this bullishness can continue without any logical reason. One can call "short" and be right but have timing wrong. In the meantime dumb bulls make money while intelligent bears lose money. The secret is being agile, GTFO or reverse in a flash.
It really is. B1's a hoot. Gotta give him credit though... you guys are good traders and he's sucked ya'll into this thread. Baron has an ET upgrade slated for May I think I read... it would be cool if he would fire up chat again and then take it one step further with "private rooms". Like a strip club. Izzy could have his own. Invitation only. I don't know what he'd call it though, it needs a name. Kinda like how they name channels on Sirius/XM. You know... Roadhouse, Margaritaville, The Cafe. I'm lost for clever name on this one though.
Pfffhhht! He mentioned the upgrade last Autumn, while I was giving him a suggestion for a forum enhancement. Where are we now, like 8 months later? Bugger! He's just surfing it, dude.
link? Here's the latest. https://elitetrader.com/et/threads/dark-mode-for-elitetrader.326712/#post-4834910
Gets back to this cultish following thing doesn't it. No way in the world would I participate in private threads. I like diversity of opinion even though saying that I ignore a large number of posters, bit of a divesity in itself
I continue here with my short position. So far, I have just seen lackluster drifts up that are met by heavy selling. The market is heavily negative and ripe for selloff.