Waiting for the big Kahuna Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bull RidaH who wrote (17642)	4/29/1998 11:33:00 PM
From: Richard J. Byrd	Read Replies (1) of 94695

David: I don't know about all this esoteric analysis. I enjoy reading your EW theories and I like the Fibbonacci Fibbers too. But it seems like every time your analysis proves to be wrong, you look more carefully at the past data and wonder-of-wonders, the EW theory had it just right, but your interpretation was just somehow a few days off. My predictions are perfect in hindsight too, David. As I said on this thread three days ago after the Big Selloff: < If you want to know the most likely path of the market following a <quick downturn as we had yesterday, this is it. - The market will <recover and will so it rather quickly. Buying on dips is still the <winning tactic and it has been for at least 3,000 Dow points. It hasn't taken a whole lot of fancy calculation to win for the last ten years in this market. I'd be a whole lot richer if I'd put my life savings in the S&P in 1988 and never made a trade since. The trend is your friend - Those who fight the trend do so at great risk. However, I do admire your putting it on the line and stating your prediction and the reasons why - Soo keep it up. I always read your posts. Dick

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next