ET the ultimate fade

I've been in these forums a long time (new name because the old one got boring).

I've also been a trader for over 27 years.

The one thing I love about this place is it's uncanny ability to be WRONG about the economy.

When every second post in here is about the how great the economy is, I know we are in for a correction.

When every second post in here is about how bad things are, I know we have almost bottomed.





If you use this information wisely you can profit nicely.

Have a nice day

 

Ok, prove it. Where are we headed then based on ET's current consensus?

 

There's only one guaranteed fade here at ET...

...bless his little heart.

 

Today was a great example

http://www.elitetrader.com/vb/showthread.php?threadid=152768

check out the time stamp and looked what the market did just moments later. Uncanny

 

Well in his defense he did make a boat load of money in the small bull run from 2003 - 2007.

I highly doubt he was able to keep any of it but you never know.

 

Sorry but your going to have to do your own homework on this one.

I would pick up a good book on Contrarian Trading.

http://ca.wiley.com/WileyCDA/WileyTitle/productCd-0470325070.html

 

we all know that everything good about trading is learned from a book.

 

This answer is a cop out. You started a thread about how ET is the "ultimate" fade. What does this book have to do with anything? Your thread title says nothing about books.

We are talking about ET and SOLELY ET as being an ultimate fade. Yet you won't even elaborate on why you started this thread in the first place (ie what is ET telling us NOW).

I guess that's why its in chit chat now, no real worth was provided to back up your statement.