FRACTAL SELL SIGNAL UPDATE

Watch out the signal is bringing lower prices ..

Frac, I have observed your calls for market direction from your fractal analysis to have been both equally right and also dramatically wrong. It often seems a guessing game as to which way the fractal will end up going. A fractal seems to be a place and also a time that something should happen. Well you know what, so is elliott wave. When it "works" it it great, when it doesn't, then it is really not the methodology's problem, but the analyst becomes the issue,and then the alternate count becomes the ultimate scapegoat. I would like to invite you to PROVE your fractal theory. I challenge you start posting, IN REAL TIME the EXACT entry price and market index, along with an exact STOP PRICE to limit the loss of anyone actually trading the fractal, along with the EXACT exit price, in real time as trade progresses. Do this 10 times, post 10 trades exactly as defined above, and then let's see how this fractal work stands the test of real time. This is all to your benefit Henri, can you imagine the massive increase in subscription fees you will get as the traders here flock to you web site? You will become wealthy just from the fees! Prove it Henri, right here and now. No more vague calls without exact entries using liquid vehicles like the futures indexes or DIA's, no more calls without exact stops shown at time of entry. Let's see if fractals REALLY cut the mustard. Will you take the challenge?

Hi Hank, I subscribed your service from your website yesterday, I did received email to confirm the subscribtion. But I did not receive any trading alert or whatever others except the only automatic email. Could you please help check it out? Do I have the 30 day trial period? Thanks! hm

Hi Norton,


First of all, we all know that traders view the markets as probabilites hence there is no right or wrong.

In terms of your comment for a guessing game, this is a methodology just like any other form of TA including Elliott Wave and Sentiment.

No analyst can constantly call the market correctly by using "any system" ...... again we know that right ? 60 % is good <<


I do offer the real time trades ( exact entries etc ) with a particular service ...... here is a very recent comment :


"I have already told others that your intraday calls are frequently uncannily correct" ---- Steve M


Please notice the word " frequently" and "Not Always" <<<<<


don't need the money ................ more interested in trying to finish the book and software on the fractals ( legacy thing )


My testimonials prove that fractals do cut the mustard .............. given a sufficient time period


OK, I accept your challenge for the 10 trades in real time .................. for you only .....


A URL will be sent where you can view the trades .... check your email / message box for the address


Enjoy the weekend


Regards,

Hank Wernicki

Frac, I have observed your calls for market direction from your fractal analysis to have been both equally right and also dramatically wrong. It often seems a guessing game as to which way the fractal will end up going. A fractal seems to be a place and also a time that something should happen. Well you know what, so is elliott wave. When it "works" it it great, when it doesn't, then it is really not the methodology's problem, but the analyst becomes the issue,and then the alternate count becomes the ultimate scapegoat.
I would like to invite you to PROVE your fractal theory. I challenge you start posting, IN REAL TIME the EXACT entry price and market index, along with an exact STOP PRICE to limit the loss of anyone actually trading the fractal, along with the EXACT exit price, in real time as trade progresses. Do this 10 times, post 10 trades exactly as defined above, and then let's see how this fractal work stands the test of real time.
This is all to your benefit Henri, can you imagine the massive increase in subscription fees you will get as the traders here flock to you web site? You will become wealthy just from the fees!
Prove it Henri, right here and now. No more vague calls without exact entries using liquid vehicles like the futures indexes or DIA's, no more calls without exact stops shown at time of entry. Let's see if fractals REALLY cut the mustard.
Will you take the challenge?

I'll check ................thanks


Hank

Hi Hank,

I subscribed your service from your website yesterday, I did received email to confirm the subscribtion. But I did not receive any trading alert or whatever others except the only automatic email. Could you please help check it out? Do I have the 30 day trial period?

Thanks!
hm

Actually, testimonials do NOT prove anything. They only show that a call of yours worked out to someone's satisfaction to the extent they chose to write in to you. What testimonials are NOT is a proven factual record. So yes, I am delighted that you have accepted the challenge on the verifiable terms I have offered. I look forward to tracking your real time calls with real time entries, stop losses points, and profit targets.

Edited by norton, 14 March 2008 - 10:43 AM.

Friday's Trading
From:John rt <jhrt@eatnk.net>
Date:Fri, Mar 14, 2008 1:33 pm
To:Hank Wernicki <hank@elliottfractals.com>

Hi Hank, You asked earlier if anyone made money on a short position today. Yesterday, I went short as usual 10 minutes too early) the June S&P at 1304. I did not put on a stop. I've learned from the past that is a sure way to lose money. But by the end of the day, I was out about $4500. I took this to be a short covering rally. I expected a strong selloff on Friday because the week's losers (the long positions) would be the one's liquidating their positions on Friday. By this morning (about 0530am) before the open I was down only $1125. Then that b.s. "inflation flat" report came out and touched off that ridiculous run-up up to 1333 just before the open. Now I was out about $7500. (hard to believe that these markets are not being manipulated to create margin calls) Then the Bear Sterns news came out and sent the market down. When I was $2250. ahead, I got out. Another 5 minutes later, I would have been getting out with a $5000. gain. I'm happy with my $2250. gain even though it was a nail biting situation. I'm flat now. I find your service particularly helpful when the market is trending in one direction, either up or down. We are in my mind no doubt, making a bottom, hence the extreme volatility. I share your opinion that we have made it or will make it in the next two weeks based on what I have heard on Ike Iossif's website. Your service has been particularly helpful to me, but I do not expect you to exhibit a god-like ability to predict the markets.

Regards, John

Actually, testimonials do NOT prove anything. They only show that a call of yours worked out to someone's satisfaction to the extent they chose to write in to you. What testimonials are NOT is a proven factual record.
So yes, I am delighted that you have accepted the challenge on the verifiable terms I have offered.
I look forward to tracking your real time calls with real time entries, stop losses points, and profit targets.

Friday's Trading
From:John rt <jhrt@eatnk.net>
Date:Fri, Mar 14, 2008 1:33 pm
To:Hank Wernicki <hank@elliottfractals.com>

Hi Hank, You asked earlier if anyone made money on a short position today. Yesterday, I went short as usual 10 minutes too early) the June S&P at 1304. I did not put on a stop. I've learned from the past that is a sure way to lose money. But by the end of the day, I was out about $4500. I took this to be a short covering rally. I expected a strong selloff on Friday because the week's losers (the long positions) would be the one's liquidating their positions on Friday. By this morning (about 0530am) before the open I was down only $1125. Then that b.s. "inflation flat" report came out and touched off that ridiculous run-up up to 1333 just before the open. Now I was out about $7500. (hard to believe that these markets are not being manipulated to create margin calls) Then the Bear Sterns news came out and sent the market down. When I was $2250. ahead, I got out. Another 5 minutes later, I would have been getting out with a $5000. gain. I'm happy with my $2250. gain even though it was a nail biting situation. I'm flat now. I find your service particularly helpful when the market is trending in one direction, either up or down. We are in my mind no doubt, making a bottom, hence the extreme volatility. I share your opinion that we have made it or will make it in the next two weeks based on what I have heard on Ike Iossif's website. Your service has been particularly helpful to me, but I do not expect you to exhibit a god-like ability to predict the markets.

Regards, John

Actually, testimonials do NOT prove anything. They only show that a call of yours worked out to someone's satisfaction to the extent they chose to write in to you. What testimonials are NOT is a proven factual record.
So yes, I am delighted that you have accepted the challenge on the verifiable terms I have offered.
I look forward to tracking your real time calls with real time entries, stop losses points, and profit targets.

-----------------------------
I see now. You do NOT give a stop loss price, and this subscriber was out some $7500 with no directive from you at that point?
You make my point Henry. Wide open, no stops, just "hope" it works out, with no definition as when the fractal "fails"?