the trend is up, market has bottomed.

Discussion in 'Trading' started by lundy, Jun 21, 2002.

  1. Mike777

    Mike777

    Contradiction of terms in the above.:)
     
    #521     Jul 3, 2002
  2. Commisso

    Commisso Guest

    Lundy what do you have a crystal ball over there???
     
    #522     Jul 3, 2002
  3. What was that movie called with Peter Sellers, "Being There"?

    Somehow this thread reminds me of that movie.
     
    #523     Jul 3, 2002
  4. chisox

    chisox Guest

    please dont lower yourself to being a total vagina on top of everything else, have some kahunas and take it like a man.
     
    #524     Jul 3, 2002
  5. Lavish

    Lavish

    Quote from Commisso
    Lundy what do you have a crystal ball over there???
    ____________________________________________________

    Hey my friend...I've recently read some articles that imply charting and crystal balls actually have a lot in common...assuming both are used correctly. Some believe they (charts) are better than fundamentals and ratios and obviously better than earnings reports and analyst recommendations. I applaud Lundy for sticking to his beliefs. You never know. He might be on to something. But I'll respect his methods and stick to my own until mine stop working. The heck of it is...different methods...same end results. hmmmm.
    Peace and Prosperity to you ALWAYS.
    Lavish
     
    #525     Jul 3, 2002
  6. honus

    honus

    well, looks like it has, unless.
     
    #526     Jul 3, 2002
  7. Lavish

    Lavish

    Anyone else bullish at this point? Or is EVERYONE BEARISH?
    ____________________________________________________

    I'm almost afraid to ask....what is one called when she's both? Please don't tell me it's "bullnuts" Aw, actually, I kinda like that. SilverBullet calls me that.
     
    #527     Jul 3, 2002
  8. That is one of the all time great movies, a real sleeper of a film...Another great Sellers flick is "The Party" where he plays a fuzzy little foreigner at a big Hollywood flick, one of Blake Edwards(??) first flicks...

    Anyway, this thread is getting all of the negativity because of one simple reason...Because Lundy stated so emphatically on a couple of several occasions that THIS was the bottom, then THIS was the bottom, then THIS was the bottom...personally, I don't give a rat's ass what Lundy says, but he obviously pissed alot of people off who don't want to hear about it everyday...so, who cares really...but it is all so damn entertaining, that I find myself checking back as well as to how these options mysteriously maintain their value even though the market keeps descending...
     
    #528     Jul 3, 2002
  9. nkhoi

    nkhoi

    pattern matching, say 85% correlated.
    re: this is not lundy :cool:
     
    #529     Jul 3, 2002
  10. Commisso

    Commisso Guest

    That is like saying a Daily Race Form will predict the outcome of the Kentucky Derby...

    Might as well consult the I Ching or a crystal ball if you need something to make the uncertainty involved a little more bearable...

    Charts will NEVER predict the future... They can only tell what the next probable direction will be...

    Great traders do not make "predictions" they listen to the markets and play when the odds are stacked in thier favor...

    PEACE
    Commisso
     
    #530     Jul 3, 2002