Ken-- Thanks for the invitation, but I don't see any indication that you're the kind of person I would want to talk to. Cursing and attacking just don't have the appeal for me that they have for you. I've never seen you contribute anything but sourness, despite your claims otherwise. Yuch!
The bear flag was on the chart the night before you guys went "ga ga" in "worship" over the idea that the bear trend was over. The bear flag did exactly what it was supposed to do, whenever it was mentioned. The market went down.
The formation was there and it did what it was supposed to do. I mentioned it after the fact simply because it wasn't acknowledged here, before OR after.
Mentioning didn't create it; mentioning it acknowledged what was a clear formation. You don't like it? Reality can be tough sometimes, but we all have to live with it. We don't exterminate people when we don't like them. I'm here, you have to live with that. You're here too, (yuch!) and I'll have to live with that.
I never offered myself as a predictor, or "great interpretor" of charts. Someone who does, should be willing to acknowledge when he is wrong, not only take credit for being right. I pointed to a formation that had been ignored here, both when it occurred and when its effects occurred. I am pleased that I made that contribution.
--Linda |