Bob Graham: Well, I see you are pontificating about the differences of expectations and predictions again. Seems you are intent on using this difference in meaning as a platform for a point of contention and as a soapbox for meaningless rhetoric.
In my previous post, I was attempting to distinguish the difference between a prediction and an expectation about the market. The difference to some people will be small or inconsequential. This distinction is all but lost on people who place allot of significance on their predictions, perhaps even a little of their own self worth.
It seems in your rhetoric you have planted a not so subtle insult, as well.
I am not a day trader and do not trade for a living. AND But I claim that this difference is what is essential and needs to be understood by the trader for their continued success trading in the markets.
Seems you are not a day trader, but you do have essential advise for day traders, right?
I for one respect and appreciate the individuals on this thread and the MDA thread that post their "expectations" of the Market's direction, often after hours of personal analysis. Many, on this thread post their "expectations" supplemented with a variety of supportive information: (EWave Counts, P&F Charts, Personal Charts, Traditional TA Charts, Links to Technical Information, Fundamental Analysis, Links to Fundamental Data, Links to supportive commentary and statistics)
I am very surprised that many did not see the possibility of the recent market move up and the visible evidence that has been in place to support such a possibility.
Being wrong sometimes goes with the territory. But I do respect their efforts offering up their hard work and Market Direction "expectations" before the fact. It is easy to Monday morning quarterback and point out the "visible evidence" missed. Of course, we can all do "after the fact" analysis and be right, can't we!
Robert, please post a link where you pointed out the "visible evidence" and offered up the "expectation" that the Market was going to pop this past week, before the fact!
Or, do you just give advice to those that do put their "expectations" on the line?
Regards, LG |