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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: bobby beara who wrote (23460)8/9/2001 6:49:16 AM
From: Jerry Olson  Read Replies (1) | Respond to of 30051
 
BB

thanks for that...when the markets are cascading down for 1 1/2 years now..with relentless selling ad infinitum, people get very upset...

their losing large amounts of hefty profits in their 401K's..IRA's and long term portfolio's..this hurt all of us...

so they lash out at people on SI...in fact SI has become very very quite these days...

they resent people like me, and thats ok...

i can state right here and right now..that while i am fee based..i do feel that i am offering "some" segement of the trading/investing community an opportunity to learn how to trade, what to do with their long term losses..and hang on to their hard earned capital at all costs...

it's been very rewarding to read my e-mails each day from my subscribers...it feels really good to know how they feel...makes me proud of my work...

people here say i "repackage" P&F & Carpino & candlesticks etc etc..but BB, many many people have no clue how to read and interpret charts, patterns, etc...

repackage this!!!..call it what you will..makes no never mind...we sure can't trade on Carpino..thats for sure...

and then theirs the emotional aspects of trading..that we are witnessing right here on this thread this past 1-2 weeks...you and I already know what it means to be knocked around because of how we think<g>...

heck i'm banned from the Clown thread<G>

i was thrown off Ike's thread too because i was HOLLARING SELL ALL RALLIES!!!! weeks ago???..he did not like it...

so if people wish to stay stuck in the mud...biased for ever..they will/are losing their shirts...

BB..while we are in the slow summer doldrums...a nice rally is setting up here..

some of the downside targets i've read here are simply ridiculous near term...

best of luck to you..and get in our real time room..it's so much fun and profitable too..excellent traders their each day...enjoying the comraderie...

later

juice