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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: J.T. who wrote (11753)	4/26/2002 3:21:20 AM
From: Steve Lee	Read Replies (1) \| Respond to of 19219

"He who lives in glass houses shouldn't throw stones" You gave this advice to Ken for making comments about your investing results yet ironically you are guilty of the same thing. I came here early this year because from the thread header it seemed a place to discuss market index technical analysis. It became clear however that the thread focused on Rydex numbers in a way that was both unbalanced and likely to cause losses. I respectfully suggested that Rydex numbers may not be the purist contrarian tool that you suggest and gave reasons for doing so. Then when I realised you are a man that will arrogantly cast aside other people's views and that this thread was being used to drum up business for your planned paysite I stated that I would leave the discussion - which I did. Then I noticed that you mocked a trade I made in February which was a QQQ short that I ended up being stopped out on for a loss. I make a number of bad trades and that is because I do not have perfect knowledge. There is nothing wrong with that and it was a bad trade amongst a string of wins. It is telling now that you have been relentlessy pumping the bullish signs from Rydex and calling for the demise of bears before I made that ill fated short, yet now the Nasdaq is way below those levels and you have been consistently losing money while I, overall, am up. So I have two pieces of advice for you JT. Firstly try increasing your repertoir of investment tools from the current one flawed indicator that you use. Secondly, you are in a glass house, so stop throwing those stones.

To: J.T. who wrote (11753)	4/26/2002 5:15:11 AM
From: High-Tech East	Read Replies (1) \| Respond to of 19219

... good points J.T., and you are correct, I am not nearly perfect ... <<however, by the way, don't post on MITA if you happen to be correct while J.T. is wrong ... he doesn't like losing money, but he hates to be wrong even more>> ... nailed it right on the button ... ... I think I'll stick around ... I like it here in the mud here with you ... <g> ... thanks for being curious and following me around ... Ken Wilson

To: J.T. who wrote (11753)	4/26/2002 9:31:30 AM
From: High-Tech East	Read Replies (1) \| Respond to of 19219

... oh yeah ... the S&Ps ... I am looking forward to the release of the COT data today, and my new Genesis/Larry Williams charts tonight ... as of last Friday, the S&P chart looks like the most recent down cycle is coming to an end ... the next signal will most probably be to get 'long' which I will take (if the signal is clear and not muted) ... I'll keep you up to date on that ... Note that the signal to get 'short' came on March 22 at 1138.00 ...the SPM closed at 1092.50 yesterday. Larry Williams set-ups on the S&Ps are *almost always* perfect. Ken Wilson