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Strategies & Market Trends : P&S and STO Death Blow's

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To: Jeff who started this subject10/5/2002 5:36:20 PM
From: Jeff  Read Replies (2) of 30712
 
what a crazy thread we have here....

lets see....

we use weird t/a nobody else uses...DB..AV..P&S

we ignore all news....

we don't care what other experts are saying....don't care what the cycle guys are saying....don't care what other thread guru's say....

we use weird signs like crap stocks running near tops....painted tops.....little signs like this....

Message 18058328

don't care about sentiment indicators....

while others were puzzled this week.....we use deja vu july as a guide....it was posted before it happened.....and this week it worked perfect.....

back many months ago using a very weird 3-1 count on backwards charts from years past....the targets were set.....the targets have all been met....the craziest call made months ago was for a 1000 bottom in october as many others just laughed and called all the other higher bottoms "the" bottom.......

well.....its october....and we are within 135 pts of that crazy outlandish call made way back in early june....

the point is....a bear market of this magnitude is designed to wipe out just about everybody....and most everybody uses the same indicators or models......they all see the same stuff.....and the casulties are mounting.....

thus....it makes sense to go against the crowd and look where most others are not looking....

thats what this thread is about...looking where others aren't....

and just pulling up a chart from the may 1759 top proves for a fact....that being different has worked like a charm....

i said back in july that the t/a in a final washout bear will confuse the most folks and even the best t/a guys on these threads....i've seen lots of bad calls lately and most are looking the wrong way....and thats the way its suppose to work as this bear grinds down to take the most victims with it......1932 proved that....its the only guide you have......if you don't know what happened in that final washout phase back then.....you won't take this final washout phase seriously...and you will not be around at the "real" bottom.....

its really is that simple....

those using the same bull market t/a from the last 20 years....it won't work....and many are slowly finding that out now....

the bottom line....the 1932 washout phase wiped out the majority and that includes professional investors....

so if the final washout is designed to wipe out the majority...

you better go against the crowd.....or go down with them....

this thread is different for a reason.....its purpose is to survive the bear...not laugh in its face and go against it like so many have tried and are learning the hard way that its not wise to fight this bear.....

many think...well...if you go against the crowd....you will miss the new bull market......

well....obviously since may...we have not missed anything and have actually saved ourselves alot of pain.....

most threads or posters or experts have an agenda.....they only think and say whatever it is that fits their agenda at the time.....if they are long....they are blind to the downside...if they are short...they are blind to the upside....

here....its just dealing with reality....period....the big trend is down...thats obvious....in bear markets....you have intense bear rallies...thats obvious.....and since this bear will likely be as bad or worse than the 29-32 bubble....

you better respect it till its over....and those calling bottoms "the" bottom will do more harm...and have been doing much harm already to many folks....

when the "real" bottom comes....it won't be advertised on t.v and the majority or crowd won't be around to buy it....just remember that....

so just remember that as this october bottom is already being called "the" bottom and its not even in yet...and its already advertised as the end of the bear.....

its not "the" bottom if everybody is waiting for it and can buy it.....

conclusion....the folks on this thread should have been getting killed going against the crowd and other guru's.....

but thats not the case....matter of fact....its just the opposite.....

in a bear market and bubble retrace....you want to be in the "minority"....because the majority is targeted for the most pain.....

in this case....it pays to be different.....

the retrace is on cruise control....

and its no where near its final destination.....don't forget that....
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