"don't expect to time the bottom precisely. Nobody does"
response to bearbot post 60619
Wrong again. The Frog can time the bottom to the second. My post 57096 at: using realtime data
Message 15612228
was posted April 4, realtime market turn call which turned out to be the Nas low.
Another SI member caught it using TA:
Message 15618254
LG actually bought too early, april 3, and was lucky the market turned before he got stuck too severely. The market could have continued falling, there were analyst calling Nas to 1000 at that time, and LG would have had to bail out. LG & I had a brief discussion on whose call was the best. Frog's was, no contest. Not only did I get in the mo mo stocks he listed at a better price, the main thing is I bot in at exactly the right time, when the market turned up, not taking a chance on the market continuing it's decline.
Post 60604 aug 15, another market turn was pegged. "just went long at 63.70 for bounce". Anyone checking the intraday chart will notice the market rallied briefly & msft went up about 3/4. Stocks were bot & sold, money was made. That market turn was not the "big one", you never know when you catch the big one except in hind sight. So the bearbot's statement, "don't expect to time the bottom precisely. Nobody does" is just plain ludicrous. |
