The first post was ok. The second is piling on.
Piling on? I'm merely quoting IYB and pointing out a distinction which I think should be made very clear to those who have not been following the SS as closely as you may have.
I'm not trying to agitate anyone I just think it's dishonest to change the signal 3 weeks after the fact.
IMO, there should be a new signal the "Seven Sentinel changed mind" signal or SSCM. And it should show up on the chart above August 9th.
It's fine for one to change their mind, but what happened on July was deemed a sell, it is dishonest to go back and rewrite history now.
If I were new here and saw IYB's chart, it would be very misleading to see July 15th marked as a buy signal, because he clearly stated it was a sell over 3 weeks ago.
From my understanding IYB is the keeper of the SS, he is the interpreter, it's his baby, his interpretations are the signals, the setups are very subjective and IYB is the one who knows the system best, it's only fair to keep the charts marked with the original interpretation.
Edited by MoneyFriend, 09 August 2009 - 05:36 PM.