Let me supplement some things: No matter what analytical tools you use, no matter what analytical method you use, it's always a probability. That's why we invented stop loss.
I will not pay him any pennies, he is wrong in 90% of time. What he did in ET is illegal, he is coming over here to advertise his BS (+ 90% loser) blog. Anyway we can ban him ?
Grand Super Cycle: Today you are down about 22 handles and carrying a short. So this week you are down 53 handles with the market up 23 handles. I'm doing the math for you so that you can put it on your blog. I believe unlike other bloggers and self-proclaimed pundits, you put your trading results on your blog for everyone to see.
He will pretend he ignore you and can't see your post. Tomorrow he will begin his daily blog again: SP500 /DOW daily chart form a wedge break out and extermely bullish, some upside in short term and bearish in long term. See - I am as good as him now, even better than him, i have two view in here, bullish and bearish, and i can change my time frame pending on the market situation tomorrow, my "short term" could be 5 min, 50min or 5 hours , same apply to the "long term" Small Bicycle break every rule in ET by posting the link to his blog, and worst he is 90% wrong, wonder why we never ban him ? Or we prefer just to keep him here as entertainment, he is definetely better than increasenow as a joker in ET?
Reminder: SP500 daily chart is extremely overextended and correction is inevitable. ALL TRADES ARE POSTED AT BLOG.
SP500 reaction to extreme overextension mentioned earlier, has commenced. 8 hour chart reverts to bearish.
Market flat on the week and you are down 20 handles. But you were right. It is selling off 30 handles (after rallying 30 handles).
in all seriousness, bro... do you like sounding like a fool... or do you need the attention. Even a fricking broken clock is right. Markets go up and down - - - all the time. How does that get your rocks off by calling for an incessant downside in the face of the largest 4-5 week move higher in a long time. So what if it goes down - now. I entered puts, and held some short sides of long spreads, yesterday... good timing. But you don't see me bragging like some kind of self-aggrandizing fool. Right now, I am "worried" about what happens next, whether to fade today's opening and/or whether to take some profits... and when. --- instead of your ad nauseum mostly incorrect market calls.. tell us all.... do you have -any- position performing in today's early selling?? If so, what positions - futures, equities, options. Did you make any dough?
This is a problem with technical analysis. He sounds smart now. But if you look at his calls this week, the market is down 1.5% and he is down 1.5% despite having a short bias. Because his signals kept telling him to get long and short at the wrong times. But now he looks smart because the charts are saying bearish and the market is down. As entertaining to hear this bot talk, it's becoming distracting.