Correction, chart was posted 4/16/09, all data after that was projected, and you'd know that if you did your assigned homework. You get a C- . Who are these dickwads claiming I called the bottom in 2007-2008? Show me the posts. schizo is using his sphincter for a voicebox. athlonmank8, that may be true, but I guarantee you are not one of them. Just for kicks, name them.
Just check out all your calls in individual stocks in these threads among countless other useless calls that for obvious reasons always ended up in "chit chat". What a joke. http://www.elitetrader.com/vb/showthread.php?s=&threadid=113192 http://www.elitetrader.com/vb/showthread.php?s=&threadid=110062 http://www.elitetrader.com/vb/showthread.php?s=&postid=1693756#post1693756 http://www.elitetrader.com/vb/showthread.php?s=&threadid=111757 http://www.elitetrader.com/vb/showthread.php?s=&threadid=101195&highlight=contrarian
it's amazing I had one women email me for 3 months tellnig me I was wrong about going long....then around the New Year she said "she cannot buy a lie" and stil lshe claims this bull market is wrong.......UNBELIEVABLE! The sad thig is when this market does go down..shorts will say "see i told you so" ============================================= I, unlike most here, was able to trade the market without the burden of looking for another crash around every corner.
What the hell, I may as well waste my 10,000th post too. What a collection of imbeciles here on ET. I called for rallies during the market mayhem, some of which resulted on 800 point+ dow moves off the call, and they want to hold it against me. According to these nitwits, if you call for a rally , and it happens, you are then WRONG if a year later the market is down. Yep, imbeciles.
the bears are funny. look at how ABK, CITI and other financials are picking up steam again for part 2 of the rally. This is nothing else then a melt-up, like the melt-down of 2008. This is also the reason I realized daytrading is a suckers game for the effort you put in.
I don't think there are too man pros out there who make money by calling tops or bottoms. The true way to make money is to play the odds as they come to you, and pull money out. I've never met a successful trader who said, this is the bottom, or this is the top. It would normally go something like, hey, what if this was a bottom. Look at what the risk/ reward ratio would be if this and this happened. Of course this that and the other could also happen, but then the risk is only this, and the reward is that. And there you go. Trading ain't about beating the ego drum. Buffett never predicted a crash, and he's the most successful trader there is. He's also never predicted a bottom. Not one time. He just knows how to find value and how to play the odds and numbers.