Nice positive divergences on stock index futures at the recent lows. You should get your rally or at least a rally
Market is up once in the last 5 days, out comes volete moonwalking across the stage, where's the rubberbird??? He'll be doing his chicken dance when the market is down next and vonte's ass will be back in the closet.
I suppose you should give credit where credit is due. this time, it took gay blade volete a whole week to crap out, whereas his last prediction thread he was wrong on the first day.
So let's summarize the techniques of Mr. Volente. He is essentially "always long" the market since he never posts an offsetting exit to all of his buy signals. If the market rallies even after he has claimed to be long from 10-15 points higher, he sees fit to make it well known that he has "nailed another bottom". Let's face facts. Mr. Volente is essentially just another "perma bull" investor type who is "always in" the market. Up days just encourage him to "stay the course".
Looks like I was wrong by a few points on the close. But I like being wrong, last time I was wrong by 9, the s&p rallied 40 points. Had a terrible day in ES today. Only made 5.5 points. Should I start posting my Pnl again to piss the clowns off ? I still stick by my bottom call and very soon you will understand why. Hint for the day. http://stockcharts.com/education/ChartAnalysis/headShouldersBottom.html