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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?


To: Jeff Jordan who wrote (1123)4/26/2001 6:41:58 PM
From: Shack  Read Replies (1) | Respond to of 209892
 
Hi Jeff. I am glad you are making money during these tough markets. There aren't many, I can assure you.

What you identified as confusion was anything but. It was working through possible scenarios so as to make sure we were all positioned for large wave turns like we had today. BTW, the significant wiggles of the last few days were caught by almost everyone here.

Not to get in a pissing match, but this thread knew the market would likely turn down today long before most. Hell it was right on our count which hasn't changed in a long while. The only scary thing is how absolutely accurate we've been. I don't know how much longer that will last, its been too good. Full credit to the group

See for yourself:

geocities.com

TA isn't about getting it right, its about identifying good set-ups and I have not seen any better than those presented here.

I'm glad your system works for you. But I think I speak for most here when I say, we don't know what your system is! You haven't told us much save for some fib counts on some cryptic charts. Its not that we don't want to hear about other TA styles. I use many other indicators besides Elliot which have helped immensely, albeit more in support of potential Elliot scenarios. Every other indicator I use told me there was no way we turned down at the open and I was long going into it which was the right play. I went heavy into puts mid-day based on Elliot and my other indicators turning.

We just don't know what you're trying to tell us.