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


To: Lone Ranger who wrote (8511)9/28/2002 6:53:37 AM
From: nsumir81  Read Replies (1) | Respond to of 30712
 
IF too many folks start following Jeff imo this one will stop working as well.



To: Lone Ranger who wrote (8511)9/28/2002 7:45:37 AM
From: Win-Lose-Draw  Read Replies (1) | Respond to of 30712
 
i don't think there is much danger of too many people paying attention to the retrace: it takes a special kind of mind to accept even the hint of a possibility of QQQ trading at, say, $12...

most people i know are fundamentally unwilling to believe the market can go down that much more, regardless of how much evidence you place before them...



To: Lone Ranger who wrote (8511)9/28/2002 12:35:51 PM
From: KevinMark  Read Replies (2) | Respond to of 30712
 
"The anal-ysts are still calling every new low the bottom." I'd like to see it. I see them all in mutual agreement the Nasdaq is heading to 1000 before year end. Don't think so.



To: Lone Ranger who wrote (8511)9/28/2002 2:41:31 PM
From: Jeff  Read Replies (5) | Respond to of 30712
 
Reading about you at more locations. You are making a name for yourself whether intended or not.

cool....i suppose i can start making bad market calls now...and just start posting my trades daily and my large flock of followers will all dogpile in after me and i bail out in the updraft and get praised as a guru when the stocks go up....<gg>

or...just start a subscription service and make folks pay for these calls....<gg>

but.....thats never going to happen....you see....i never take advantage of others.....i've earned everything i ever made my whole life through hard work.....i'm just an average joe......never been a suit....just a working man from a small town thousands of miles from wallstreet....started a family when i was young...right in the heart of the last big recession 80-82...had to work two jobs just to get by.....my family was my only priority....

to make a long story short....as the kids got older....and because i worked my ass off for years....i was able to save some money.....i then in my spare time started to get interested in the market.....i then invested my hard earned savings and just about lost it all....i was pissed....i couldn't believe how crooked the experts where out there....

i'm not the type to lay down and die and just accept defeat.....i was going to do something about it....so i took a different shift at work so i could study the markets and watch every little nuance during the trading day...

well....again...to make a long story short....my exhaustive study of the market paid off big as i found the killer signals in my day to day study......i then turned what i had left into a rather large sum of money.....quit my job....and decided to do this full time.....

since then i have been more than willing to share with others things i see in the market.....

if i seem rough around the edges...you are damn right i am....i'm no rich dude who had everything handed to him.....i worked my ass off for everything....and i'll be damned if some wallstreet crooks are going to take it away from me.....

so i just tell it like it is....i have no agenda here....i'm not taking advantage of others by posting picks daily or looking for subscribers....

i speak from the heart.....the heart of a common man who hates the crooks who take advantage of the hard working americans who make this country the greatest country in history......

so you see....if you follow message boards....you better have lots of money to lose....because these so called guru's who take advantage of others might have alot of money....so they can take a few hits before they finally get a call right.....you know....even a blind squirrel will find a few nuts now and then.....

but quite frankly...i don't have a ton of money to lose....my financial future depends on making the right calls....so i don't mess around.....i tell it like it is....so maybe thats why my calls work....i live in reality...down to earth....block out all the noise and fluff....stick to my killer signals i know for a fact work....and....if i help a few others see reality along the way.....great....glad i could help.....i ask for nothing in return.....and i want nothing in return......

you either believe in reality....or you don't.....its that simple.....

and the reality is.....this is the worst bear market since the 30's.....the reality is many many folks are going to be wiped out by the time this is done.....the reality is wallstreet is full of crooks making a living by getting your money from you....

so everybody has a choice to make.....

either you listen to the crooks who want your money and don't give a damn about you or your family...

or...you take matters into your own hands...take the time to learn a better way.....and keep your money for yourself and the most important thing in life....your family...

me....i decided to take matters into my own hands....



To: Lone Ranger who wrote (8511)9/28/2002 3:06:20 PM
From: Jeff  Read Replies (3) | Respond to of 30712
 
btw....about the retrace......

pull up our backwards charts.....

and now think of a freight train going down a mountain side with no brakes.....get the picture....

nothing can stop this right now at this point.....sure...it slows down at times and heads back up those hills you see on the retrace....but once it gets to the top of those peaks....it rolls over and heads right back down again on the same path....

now...what would stop a speeding train coming down a mountain....

i figure....it would take a long flat zone so the train can gradually lose its mojo...

well....we are not there yet....

you will see a long flat around 1000 area.....that will slow us down....thats the first area in 2 1/2 years that has a chance to stop this train wreck....but....thats after the first hit of 1000 and ramp back to the next hill 1250 area.....

ok.....thats the last critical point left on the retrace...the next high off the 1000 bottom....

if we roll over that hill.....be very scared....

because that train is going to slow way down on the 1000 flat again.....and if it doesn't stop there....well...theres no more steep hills.....but its a long gradual slope to the next flat....thats 700.....

that will be the slow bleed....the killing field....where the remaining bulls and new bull bears get funky t/a that keeps them buying as the market or that train slowly grinds to a halt.....

so is the retrace over....nope...just because more believe in it can it stop.....nope.....thats like believing just because a few folks believe it.....but now say hundreds believe....well....what difference does it make whether you have a few folks or hundreds standing on the train tracks......that won't stop the train coming down the mountain with no brakes....

this thing has to stop itself.....



To: Lone Ranger who wrote (8511)9/28/2002 6:20:31 PM
From: Jeffrey S. Lillie  Read Replies (3) | Respond to of 30712
 
I went for a run with my running club this am.This is a group of about 20 people who dont' buy individual stocks, but have 401k's etc. Someone got me started talking about the market. I shared my rather bearish thoughts and there wasn't one in the group that thought we could go lower. I said at least sit out the next few months in cash. No takers. I feel this is representative of John and Jane Q public.
Where will they throw in the towel? My guess is around dow 5000 and nas 700.
jeff