Christopher: I think what we have here is a failure to communicate for which I will be happy to accept half the blame. So let me see if I understand you correctly now. You originally (1/5/99) thought that the DOW because of a reverse head and shoulders pattern, would break out and continue upward to 11,450 and that the likelihood of that not happening was slim. Now, instead, you see a consolidation/correction that may take us at a minimum(?) to 8300 with maybe some support at 8700. But you do still see 11,450 in 3 to 6 months. Is this correct? If so, I am not criticizing you for changing your mind - I'm just trying to understand your reasoning.
Why did you pick 8700 and 8300? You don't see the December low of 8610 as support?
BTW, I don't understand why you are so "touchy" when people ask questions about your analysis or express viewpoints different than your own. You have been right on a lot of things which I have openly given you credit for, but I have to say that you sound a little full of yourself when you make statements like this ...
I think it is best if I keep my TA analysis for myself. People on the SUWN thread should have at least doubled their money from my encouraging TA but the only thing I got back is nothing but arguments. No one even said thank you except for Sonki. So Sonki, if you need an analysis just e-mail me. There are a lot of good people on this thread and the SUNW thread but unfortunaly few people have to screw it (you mean ask questions?) for everyone else. I just don't have the time to deal with all of this and I really mean it. I can barely find the time to post a TA update.
I hope you don't decide to stop posting your TA updates, but I can understand it if you don't since you say you get nothing in return.
K |
