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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (71646)4/17/2003 10:29:47 PM
From: J.T.  Read Replies (2) of 209892
 
1)The difference here is I am not a bear cheerleader whereas you pimp the bull side relentlessly regardless of price action.

Wrong.

I called for the first pullback in mid January 2003 BEFORE it happened.

I called for one more down in March 2003 at SPX 832 BEFORE it happened. I nailed SPX 800 and called the reversal.

Before Lowry's.

**********

2) I have no issue with the bull side and perhaps we do take off, but there is very little evidence technically or fundamentally that can support it as of yet. That is my problem with your "trading approach".

Tell me, what kind of TA are you looking at for some kind of bull confirmation?

I can shoot off a quick round, but I would rather hear what you are seeing... or not seeing in this leg up.

As for my Bull calls:

I made money in 2000, 2001 Bear and lost money in Rydex in 2002 but more than made up for it with leverage in the two bottom calls in July and October.

You see, I was early in my macro Bull call but still anticipated and nailed two important bottoms in 2002 to make up for my macro mistake.

And I have documentation of all 3 bottoms (the third one this March) called on MITA that you can certainly go look up for yourself BEFORE IT HAPPENED.

We have a massive triple bottom from which to launch from.

What exactly are you missing?

It is a Cheerful season and time to be thankful.

Best, JT
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