P&S and STO Death Blow's Message Board

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

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To: Lone Ranger who wrote (29982)	5/23/2003 1:54:46 AM
From: Jeff	Read Replies (1) of 30712

t/a is what each person makes of....you can interpret it any way you like and if you have a bias in your reading you are "doomed" to failure...... the retrace was nothing more than what "history" showed was going to happen.....the writing was on the wall.....all anybody had to do was put a long range nasdaq chart and see the "backwards" pattern was obvious...... i then applied my t/a to that "backwards' pattern to confirm it....that was death blows and P&S plays...along with bradley..... death blows are bear signals.....when AV shows up....it says the bear party is over...so you switch to bull t/a.... on these threads you see lots of different t/a styles....but you also see lots of desk jockeys with jobs and the comfort of a paycheck who are here just trying to feed their ego's and trying to beat this market..... if their t/a was so good....why not quit the job and do this fulltime....you have to trust your t/a to take that next step..... well....i did take that next step....i trusted my t/a so much i quit my job a few years ago and am living off me being right on with calls in this market.....i know my t/a works....and its the best i've seen on these threads.... so unless the guys calling the shots on these threads trust their t/a enough to live off it.....i frankly wouldn't pay much attention to what they say.... its like paper trading......people think they are good at it because less risk is involved....but once money is put on the line.....emotions take over and folks find real trading is very different from paper trading..... so folks who know they have a paycheck to back up their mistakes are playing a diffferent game than someone who needs to be right because being wrong is not an option..... that means more concentration on what really works in this market....and when you focus on what works.....and block out all the noise from others.....only then will you see that t/a has been working in this market......and working just fine.....

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