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Strategies & Market Trends : Zman Market Timing -- Ignore unavailable to you. Want to Upgrade?

To: Fintas who wrote (1939)	2/15/2014 8:43:55 PM
From: GROUND ZERO™	Respond to of 15903

You're very welcome... frankly, I'm not smart enough to know any price targets, I don't think even the markets have any price targets, the markets just move in one direction for so long, my model tells me well in advance what the precise calender date is for when the rally or decline is going to end, and if the market is not at a specific price on that date, then the market is going to reverse direction, this is about 95% accurate... so, I just follow my model and I don't question it... system trading is very different than analytic trading... with system trading you don't have to think about anything, in fact, with system trading you shouldn't think at all, since thinking is what will always get you into trouble... the freaky thing is that my model is smarter than I am, and I'm the guy who invented it... LOL!!! I suppose if my model had any targets, they wouldn't be price targets, they would be time targets... the component of time is very much ignored by many traders, but time is just as important as price... so you could say I have time targets... therefore, I actually do have a target for gold and for the SP for their current rallies... my model also tells me where the buying and/or selling reaches a point of exhaustion... for the SP, we're at a buying exhaustion point right now, so we ought to see some sort of pull back from here, but not a requirement... GZ