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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: Underexposed who wrote (90373)	3/8/2017 4:55:27 AM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 220483

I agree with all your points and very well stated... by the way, you didn't "bust in," all market comments are always welcome, so I appreciate the dialogue... But to clarify, I'm not a day trader, I typically hold positions for a period of time, but not usually for longer than a month or so... To me, the idea of attempting to calculate or derive a target is troublesome because that would contaminate my view of the market itself with unrealistic expectations, I have no targets and for me I find it more folly that anything, I say for me... I could always surmise that a market may go to some point, but I realize I'm only guessing... I would never simply hold a position until it reaches my target, that would be naive for me... I hold a position until I get a signal to reverse, it's very simple and the signal price itself is highly accurate and precise... I'm not without a highly reliable model which I use and devised may years ago, so I don't have to wonder and guess, my model calculates exact and precise market prices where the next near term buying/selling exhaustion will occur, this is with a remarkably high degree of accuracy and precision, so I never have to guess on anything, I just follow my model... These price points are derived well in advance of the market, sometimes weeks and months, so all I have to do is wait for the market to reach that price and take the trade... although the market may reverse very often before reaching any one predetermined price and this is why these are not targets, these prices are points if reached will stall or turn the market in the other direction and with extremely high accuracy and precision... Give me the link to your thread, I would definitely like to see it... Looks like DB is now up .24 from yesterday's close... it should see a good bounce... GZ