2 replies to this topic

[Rogerdodger]

http://www.traders-t...?...150412&st=0

Making money is possible with money management and 50% correct calls!

[opinionated]

You know it RD! And members helping members is such a refreshing thing... Just like the O'l days... "None Of Us Is As Smart As All Of Us" O

[OEXCHAOS]

The weekly poll has always been a tough one. I don't draw any conclusions from it about our acumen here. How I feel about the market on Sunday can be very different from how I feel on Wednesday. Now, what I DO find very interesting is that if you look at the actual position poll at tops and bottoms, you'll find that our pollees are almost ALWAYS positioned right at tops and bottoms. It's uncanny. Now, it's hard to make much money from that knowledge, but it does let you know that if it looks like a top or bottom, and this crew is leaning in that direction, the odds of it being a low or high are a bit better. Here's another interesting bit. When we REALLY get leaning, like 500% fully long vs fully short, or vice versa, it is NOT a fade at all. I call these signals "Tipping Point" buys and sells. It's the darnedest thing. Mark