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

To: J.T. who wrote (12954)	6/23/2002 8:10:49 AM
From: Steve Lee	Read Replies (1) \| Respond to of 19219

JT, I think you need te re-examine your understanding of cause and effect. A few days ago you said I cried like a girl and left the thread after being stopped out on a trade. But I left the thread in Feb and got stopped out on a trade more than a week later. Now you say "..you have to revise your new sentiment thread without rydex...So you get mad at me and call me drama queen." But the thread was revised (jun 21) after the drama queen post (jun 20). Are you living time in the opposite direction to the rest of us? Regards the sentiment thread: I think sentiment is an important part of investing. I follow sentiment, T/A and fundamentals. I don't think individual company fundamentals have much influence on stock prices in the near to mid term, but I have an open mind and follow them anyway. I don't think Rydex numbers have much relevance or usefullness. I am willing to say why and have a discussion on this. It is evident that such discussion is not allowed on this thread, so now there is somewhere else that both sides are allowed. The point is that I haven't found any relevance or rules based investing techniques that work from Rydex. Maybe someone else has. You say you have but then mysteriously refuse to give your algorithms or methodology for deriving buy/sell signals from the raw numbers (and that was the case before I posted here). Your abyssmal investing performance (how much are you down?) proves this. Maybe there is a way to use Rydex profitably but you certainly don't have such a way. If you disagree then SHOW ME THE MONEY! Now you are going to start a paysite. I think you are just another one of the "I know how to make money but I am not able to prove it and won't even attempt to show you how until you pay me" gang. What's up? Can't make money investing so now you are going to sell advice. I hope the SEC watches your deception. People have lost enough in this market following the Wall Street hucksters. The world certainly doesn't need another MASTER OF DECEPTION. I post my trades on SI, good and bad. I give reasoning and examine my mistakes - changing methodologies accordingly. I post in real time and my result is a profit in short, medium and long term timeframes. The trades are posted within a minute of the execution usually. There is no room for deception from me. Verifiable, honest profitable results. Where are your profits? How are you able to justify parting people from their money for your bogus advice?

To: J.T. who wrote (12954)	6/24/2002 5:38:47 AM
From: Steve Lee	Read Replies (2) \| Respond to of 19219

"I welcomed your input with open arms and we had multiple discussions. But somewhere along your road to good intentions you pulled an about face and changed your tactics into personal derision and insult towards me in my use of Rydex total assets as a sentiment and contrary indicator from the beginning on Feb 17, 19, and 21" Oh really! I started the derision on Feb 17 did I? Well here's your post to me on Feb 13: "I must commend you for visiting MITA on an Up day. Usually I see you pop over here on dark down days." And here's another one from you to me Feb 13: "It is contrarian viewpoints like your own that make me a better trader and technician." Hmmm, where were the NDX and SPX on Feb 13? Where are they now? You have the gall to call me a contrarian indicator, then you get slaughtered in the markets and now months later you come back and accuse me of starting the derision on this thread and call me "THE MASTER OF DECEPTION" (repeating your use of all caps for that one) and say I am the one with "selective memory" Nice try JT, but SI saves every post. If you're going to call someone a contrarian indicator JT, you better have a damn good ability to predict the markets, and you better be able to take the criticism when you are wrong. An unqualified apology would be nice but I won't hold my breath. Apologies to others on this thread for this little war of words. I wanted to reply to the slurs from JT and the accusations of "mock rarefied air trades" that he still refuses to qualify. I think I have presented enough links now to show how a civil discussion turned into a religious fatwah against anyone presenting a differing opinion on Rydex sentiment. The deceiving name of this thread "Market Index Technical Analysis" has attracted a number of good posters here so I intend to stay - but will endeavour to keep out of JT's way.