I'm gonna try to start a new thing; The Market Timer of the Week Award.
I will award it to anyone who makes the best, most timely call on the general direction of the major indexes.
It will only go to people who practice TA because everyone has an opinion. However, only a chartists can point out a specific reason for their statements; that can be verified by others. Sentiment analysis will not qualify and will not be considered as a basis for the award. Sentiment is of extreme importance to market direction, but it's use is subjective and calls are made on the "gut feel" of the current level of sentiment. Calling a change of trend that lasts more than 3 days and is preceded by a trend of three days or more is the minimum qualification. It must be based on a specific technical event such as a wave count, trendline break, or whatever. Nominate anyone who you feel made the best technical call during the week to me by PM, include a link to the post in which the specific call was made. Good luck to everyone and let's see who can make some great calls! |
