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

To: High-Tech East who wrote (12847)	6/17/2002 1:35:16 PM
From: Steve Lee	Read Replies (1) \| Respond to of 19219

If this exchange is such an interesting soap opera, then its beginnings can be found at the following posts: 10337 and the thread of replies 10779 and the thread of replies 10806 and the thread of replies 10844 was the post where I decided arguing with JT was a waste of time. That was Feb 28. JT today accused me of crying like a girl and leaving the thread after being forced to cover a bad trade on Mar 7. I think he is confused cos Feb comes before March in the real world <vbg> And the post about VXN being always right was actually "VXN never lies". It was a reply to a discussion about market sentiment. My point was that VXN is an accurate measure of what market participants are actually doing, whereas sentiment surveys are a subjective take on what people claim they might do. Here's one such post: siliconinvestor.com BTW, the VXN did work, just that my risk rules got me out of the trade at a predetermined stop. Not only did it work, but the extremeity of the VXN move portended a very large subsequent drop. Since getting stopped out, VXN rose and the market went down way way below my stop point. And I made more money on the decline than I lost on the stopped out trade. I even posted my trades here on SI, along with reasoning at the time. Why JT chooses confrontation rather than learning from other opinions is beyond me.