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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (4878)8/7/2002 9:45:44 PM
From: ajtj99  Respond to of 30712
 
Zeev, I appreciate your detailed response.

Basically what I've been saying is that we've shown direct correlation here to two very distinct trends, a re-trace of the bubble back to 1995 valuations, and a bubble re-trace following the 1926-1932 market. The charts and comments are here, and we've caught nearly every bottom and top since Spring using this and other methodology.

I am confident in what I do, but I also am open to other points of view. I attempt to look at them without pre-judging, and assess them according to their merits.

I also appreciate the e-wave people who have alternate scenarios for every preferred scenario. I think we all should have that in the fore front when analyzing the market.

Zeev, I think you realize you are a truly unique individual with incredible grasp of things even bright people can't fathom. You can trade in a way most people can't even begin to understand. However, when we're at COMP 1375 and targets of 1525-1595 are being articulated, the average person understands that.

I've mentioned in the past that I believe it is critical to have some kind of message or disclaimer like LG used to use on the MDD thread header:

Disclaimer: Please do not make any investment decision based solely on the views or analysis expressed on this thread. The analysis or expectations expressed on this thread are the opinions of the authors only. Never blindly follow any buy, sell or hold recommendation. While information, analysis and or views expressed on this thread may be beneficial, it is ultimately your responsibility to do your own research and formulate your own investment decisions.

I also believe there are people who do not understand stop losses, and that should be in the header. Asset allocation is also something people could use a reminder about, but that may be going a bit too far.

I know you tell people to use stop losses, but I think it would be nice to have it articulated in the header, and I mentioned that a month ago.

Anyway, I'm late to go out of town, and I appreciate your detailed reply. Good trading, I hope we're all right.