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


To: Mongo2116 who wrote (4879)12/14/2014 8:09:07 AM
From: Fintas  Read Replies (1) | Respond to of 15903
 
Gene; Re you don't post on Da Chiefs board.

Seriously?????? Well Gene if that's not you then someone's using your handle or posing as you, or ya got a few personalities going like you cousin EVE.

Maybe I need SI to look into it.

Fintas

To: da_cheif™ who wrote (94944)12/13/2014 10:49:10 AM
From: Gene C.Read Replies (1) of 94954
DID YOU KNOW THIS?

Message 29849986



To: Mongo2116 who wrote (4879)12/14/2014 10:01:51 AM
From: POKERSAM1 Recommendation

Recommended By
toccodolce

  Read Replies (1) | Respond to of 15903
 
Gene C. I'm just curious how you know anything about my trades. Fact is that you know nothing about my trades.
Because I point out the times that a possible top could occur you assume I am always short and have been since 666. Does that not sound a little moronic to you?
Let me explain something to you, though I doubt it will make any difference. The odds are always high that a current trend will continue. However, every trend is going to correct. EWP and other forms of technical analysis point to times that the correction COULD occur. Since it is the goal of the short term trader to be long when the market goes up and short when the market goes down, it is of great benefit to have warning of a potential reversal up or down. This warning of a potential short term reversal to the downside in a dominant bull trend is often profitable allowing the trader to preserve profits from the upside and add to profits from the ST reversals that are so common. It doesn't matter what TA tools are used the goal for the ST trader is the same. It doesn't matter if the trader uses support and resistance lines, channeling, SMAs, indicators, cycles or EWP the goal is the same. The goal is to stay on the right side of the market for the ST up to the IT. How well you stay on the right side of the market, long when it is going up and short when it is going down, determines how much money you make.
When a call for the potential reversal of a longer trend in a longer time frame is made the odds are greatly reduced that it will be correct. The odds are always high that a current IT and LT trend will continue.
Reversal of these trends can only occur at certain points in the unfolding of an advance. To reference these points as possible reversals of the LT trend should always be seen as just that " pointing out a possibility".
Why is this all so hard for you to comprehend?
As for gdl and his ability. I banned him because he was an idiot who droned on and on and said nothing. You thinking he is smart says something about you. Or maybe it is just another way for you to mindlessly attack me.
BTW have you ever given any thought as to why you attack me so viciously?