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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (77702)11/22/2007 6:28:01 AM
From: Real Man  Read Replies (2) of 94695
 
Yep. The problem is that Westie is 90% accurate as a fade,
which suggests we won't have a bounce until the dow
breaks below 12500, and BK some 500 DOW points or more next week
to make him change his view. Then to da moon in the week that
follows. This also aligns nicely with his time line -g- He is
sometimes right, in about 10% of cases, so no guarantees -g-
Message 24076543
I also keep the view that nothing works in a BK environment,
not even the fades, so he could be right, who knows. He
changed his view to bearish in August, and we still tanked
a bit into the bottom. Then he maintained that bearish view
prior to all the cuts, and holy guakamoley! -g-
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