On the contrary I have a genuine hate for snake oil sales people who claim to have a clue but instead charge to make a living instead of making it in trading. Dont need subscribers, capital or even followers, I am just here to have fun and ocassionally drop gold nuggets and piss people off while doing so, some say I am both a sadist and a philantropist, have a good weekend
This I assumed was in relation to the discussion we were having about the charts that were posted which showed a double top (or a slightly lower high) in the ES at 2100. Your point that it was a trap wasn't exactly a call to go long. Was taking shorts yesterday not a good play? Clearly it was, so playing the double top worked out for many traders I'm sure, even if it doesn't mean a long term bear market. Exactly, so this wasn't a call in the ES. Sure the NQ dropped as well, and Apple would have influence on the NQ, but the discussions here are around the ES, and you gave targets for Apple. I'm not arguing with you AD, quite the contrary, I'm just trying to be meticulous with what you say and how to interpret it and get the full value.
A double top is widely considered to be a bearish formation. If it's not a double top then it's a range or a bullish formation, either way it's interpreted as bullish meaning up, that is very basic I would think. "What looks like a double top is a trap, to grab more shorts and obtain fuel for buying high later on, aka stops." In simple words, SHORT SQUEEZE incoming. The time of the posting was also not coincidental, which also happened to coincide with the support area stipulated in AAPL, again, not coincidental, but one learns over time to read between the lines when I post, the gold nuggets are there, you just have to learn about them. It's the price to pay for not having a newsletter or subscribers Oh and the attitude, we always pay, always.
Your wording on the AAPL support was purposely vague...no cover was implied, perhaps in hindsight as AAPL rocketed $5 higher today...Since you are in possession of a crystal ball, one has to wonder why you didn't alert your subscribers to go balls to the wall long on the close yesterday...now that would have been a golden nugget.
I'm sorry, I suck for not saying, reverse between 114.00-114.50 in AAPL instead of saying, let's wait for more data in that area, it's also curious how you omit the suggest short area was 10 cents from the HOD but you made your intentions clear already. As far as subscribers, find me one, because only income I obtain is from real estate, banks and brokers, asswipe.
I would prefer a bit more detail about how you read price. The gold nuggets are of course nice, but that whole crap about teaching someone how to fish works better for me. I can deal with the attitude if you can offer a bit more. I'm really curious about how you're reading price, especially that comment earlier about which way a range is more likely to break. Here is apple, once the range low is breaking, this is hardly the best place to sell, as often these can go right back up, even to the midpoint of the range. Now of course they might not, so you can't wait. But shorting below the low of a range means taking on a greater risk in my opinion. Initiating a short is best at the top of the range, and if it breaks, great, if not, you got time to get out. Please let me know about my thought process. Also, how did you get the lows for apple in advance? If I consider the move up from the 17th and track a 50% level, this is one good way, but far too general, and not precise enough. Care to comment some more?
What you would prefer is hand holding, I only do that with PABuster, my only subscriber, oh ya for free
"let's wait for more data in that area"...a bullshit way of saying if it reverses and goes higher "I'm out", if it drops and goes lower "I'm still short"... Clearly, you are trolling for customers on these threads with your assortment of "client testimonials" that chime in every few days...
Clearly you are an ass wipe. Im Mark Brown and now I have or will have a newsletter? Yep, whatever you say chief, good detective skills lol