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Cumulative Charts - 5/25/12


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#31 leverage4

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Posted 28 May 2012 - 08:59 AM

I didn't check out TT over the weekend, but logged on this morning to find this very sorry thread. 3 posters on this thread should be very ashamed for their remarks which, through tone and attacks, only discourage open dialogue. Have you noticed how few posts there have been lately? Do you think it's because the market isn't interesting or there are no observations worth sharing? No, I think it's because the norm here from a few of you is to bash someone who doesn't agree w/ your take on the market or has made a forecast that doesn't come true w/in your timeframe of interest. The Board is at risk of losing it's relevancy because a few sad individuals can't seem to play well with others. Fib, I hope you don't go away because I do appreciate all of your contributions, even when they are opposite of my perspective. But I certainly can't blame you if you do. ;) I don't often reply with a "Thanks for posting" comment because it takes up space and doesn't add any technical analysis. But maybe those of us who do appreciate those who post should try to take a moment to thank posters for their contributions. Frankly, the board has been so quiet of late, the extra postings won't clog up the system. Lev4

#32 TechMan

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Posted 28 May 2012 - 09:20 AM

You will never win a pissing contest with any guru.

Now I'm being labeled as a guru?

How insulting, bigoted and dogmatic.

Looks like it's time for another break...and a long one at that.

Seems my message continues to be misconstrued based on innuendo and supposition where nothing substantive is included or even a question posed for clarity.

Go pick on someone else...I'm done trying.

Fib



"If the facts are against you, argue the law.

If the law is against you, argue the facts.

If the law and the facts are against you, pound the table and yell like hell."

- quoted by an Illinois native, Carl Sandburg, in The People, Yes (1936)


"When the law is against you, argue the facts.

When the facts are against you, argue the law.

When both are against you, attack the plaintiff."

- R.Rinkle


You're over doing it and it is showing.


Amen!

Everyone has different experience interacting with each other, so I can only speak for myself. As far as I'm concerned, this "tactical" observation by DEX is right on the money.

Thanks, DEX.

[EDIT] Might I add that it's not about being right or wrong. I couldn't have stressed this enough repeatedly that no one's perfect. Therefore, there's nothing wrong being wrong. And, that's the reason this comment by DEX is so greatly appreciated by some of us.

Edited by TechMan, 28 May 2012 - 09:30 AM.


#33 TechMan

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Posted 28 May 2012 - 09:49 AM

Again, strictly from my personal experience... When you criticize posters saying things like you don't know this and you don't know that or "you must have a hard life", you can't expect no reaction in return. And, whenever there's a reaction, you can't keep saying you're going to stop posting here. If you can give it, you're going to have to take it.

#34 diogenes227

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Posted 28 May 2012 - 11:16 AM

I didn't check out TT over the weekend, but logged on this morning to find this very sorry thread. 3 posters on this thread should be very ashamed for their remarks which, through tone and attacks, only discourage open dialogue. Have you noticed how few posts there have been lately? Do you think it's because the market isn't interesting or there are no observations worth sharing? No, I think it's because the norm here from a few of you is to bash someone who doesn't agree w/ your take on the market or has made a forecast that doesn't come true w/in your timeframe of interest. The Board is at risk of losing it's relevancy because a few sad individuals can't seem to play well with others. Fib, I hope you don't go away because I do appreciate all of your contributions, even when they are opposite of my perspective. But I certainly can't blame you if you do. ;)

I don't often reply with a "Thanks for posting" comment because it takes up space and doesn't add any technical analysis. But maybe those of us who do appreciate those who post should try to take a moment to thank posters for their contributions. Frankly, the board has been so quiet of late, the extra postings won't clog up the system.

Lev4


Thanks for posting.

:)

"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."


#35 DrSP

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Posted 28 May 2012 - 11:38 AM

Again, strictly from my personal experience...

When you criticize posters saying things like you don't know this and you don't know that or "you must have a hard life", you can't expect no reaction in return. And, whenever there's a reaction, you can't keep saying you're going to stop posting here.

If you can give it, you're going to have to take it.


Exactly! Fib often posts about others saying their calls are wrong and he says what he expects. I don't see anything wrong with criticizing Fib at all.

As for the "need for appreciation", appreciation comes automatically when a person/ system is right more than 50% of the time. Appreciation doesn't come when not only the system is wrong but the said developer is adamant that there are no loopholes.
You could be a billionaire or an industrial worker or a teacher or a moderator of a forum - Hold a good conscience because that is what matters.

#36 JimBecker17

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Posted 28 May 2012 - 01:18 PM

I stopped most posting on the net twenty years ago now because most conversations seem to degenerate into ad hominum and pissing contests. This site is useful to see how people look at the market and the tools they use. Everyone has an opinion but seeing how people back up their opinions is a learning experience. That being said the subject of this thread does spend a lot of time confronting others and cluttering up other work presented. I would like to see anyone who is 50+% correct in market calls but as yet that person has not shown up. Plenty of people delude themselves they are correct all the time and their tools are infallible. Those who survive know how to read the current market, take positions and manage risk. They change as the market changes rather than standing by an opinion. To me the market went Bullish on a retest on Wednesday at 12:22EST. And confirmed it two hours later. But if it changes so will my participation. This based on P/V action using Wyckoff techniques. I think the board would be better if the name calling and ad hominum ceased and just the facts were presented. But in one form or another it seems all net conversations do move in this direction regardless of topic. Perhaps before one posts they might think if they are moving in this direction and refrain, as a large audience is going to read what you write and if it is not "improving the presentation" it wastes time of the readers and degenerates quickly. I hope this post does not affront anyone, can't we all just get along? And stop the noise but add to the signal? :) -Jim
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#37 JimBecker17

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Posted 28 May 2012 - 01:48 PM

Actually went bullish 12:20 with confirmation 14:42, not 12:22 as stated.

Here is the log if anyone interested: Wednesday


If it goes anywhere, we will see! So far so good.
Bullish Equity service: WM Research, LLC using IBD / Wyckoff principles realtime.

#38 SemiBizz

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Posted 28 May 2012 - 02:09 PM

Chart of Interest - 200 Hour EUR/CHF... The big volume spike on 5/24 is the main optical attraction here UNTIL you compare what happened on 5/23 in the first circled time frame to the other currency crosses and the trend moves... So you can check for yourself, gold-alternate currency traded right along side this pivot, with crude oil not reacting until the US Markets opened... Watch these overnights very carefully... B)

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