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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: CharlieChina who wrote (279819)	3/11/2004 7:28:19 PM
From: Michael Watkins	Read Replies (1) of 436258

Nicolas I already see the numbers. No psycho babble required. After years of trading in equities and futures, nothing surprises me any more. I go long when its time to, I happily go short when the direction is down. What surprises me is that you are still long NVLS given the easily spotted wedge, a Long Spike trap, and the resulting quick break down to T1, and the bonus short round. trendvue.com This is all classic, "trader grade school", stuff. By the way, going long on Feb 17th (per your web site) off the inside day in an upswing is not bad trading instinct; however not closing out the trade at a profit is a crime. Perhaps you did, perhaps you didn't. But dreamy predictions of future price points years off into the future are completely pointless in my considered professional opinion. Furthermore, buffing up those predictions with dreamy new-age talk is a waste of time and an insult to people's intelligence.

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