I would like to make a call on this thread in honor of MS's "timely" market calls. I think the market bottomed in March of 2009 and won't see that low again for at least another 4 years and probably longer.
And if you're wrong (again) what are you going to do then? ANSWER: Same old, same old, rinse and repeat; a) Put your head down for a few days and go quiet b) make light of it c) make pathetic excuses d) start another journal e) Continue to tell all of ET that TA traders are losers f) Make another predictive trading call and remind the TA guys who react they are really predicting all of their trades g) Tell ET you can no longer make calls re Price Drivers as a 'Secret Investor' has bought the system
I will stop posting calls on this site and start up the research again from square one. If the high is taken out it will completely invalidate the Price Drivers as they stand currently. I remain confident that the DJIA can not surpass the highs set for a minimum of one year from the original call AND a substantial decline prior. What we saw is just a test to what will occur. Peace surf
Regardless of differences of opinions or even bad market calls, a newborn merits celebration, congratulations on your baby.
And there it is. Sorry but your baby while great and all is NOT all that matters, on this site anyway. In fact, it couldn't be more irrelevant. What matters is winning. Not being right - but winning. Did you short the top tick? No! Stop acting like you did. You closed a short. You reshorted 11 minutes later. You said you were going to close the trade on a higher close on Monday. You ignored your own advise and held onto the loser. Surf - you are really bad at this. Your calls are really really bad. Laughable. You can't honestly think you are any good at this.