Uuuuuhhhh,
My 1450 read was a mix a of patterns, fib, flagpoles and a bunch of other stuff.
Most of which I don't even use. Anymore, anyway. Speaking of don't use, anyone want a Neural Net Program?
Just kidding, I use it but only because I hope someday I might fathom just how exactly it might be superior to pattern techniques. It's just so,
well,
"Positional", if you know what I mean.
Gives me the willies just to think about it.
<I trust your opinion might change if we reach it.....>
Lost you there. If we reach it my opinion is on to the next thing, why would the Past change? My opinion in Early April was 1450 SPX by August/September. If we reach it, my opinion would not be on 1450, it would be on something else.
<Remember, I keep telling you the way to wealth is buy one mini, roll it once a quarter to avoid bed sores and sleep like a baby.>
Not even Close.
You know what I did today? I sold AHP stock that I have owned since 1987, GE that I've owned since about the same time, CDO that I have owned longer, XON from the early 90s......
I slept fine with that stuff. One E-Mini has a lot more downside than a share of the average Blue Chip Stock.
I Buy AHP for 50 bucks and I lose 50 bucks if American Home goes Pink Sheet or Tokyo Mex takes an interest...pick one. Unlikely in either case.
I buy an E-Mini and my potential Loss is 50 bucks in 2 seconds. Not only likely, it's freaking guaranteed. |