Sentiment Poll for the Week of Nov. 17, 2003
Posted 14 November 2003 - 04:19 PM
Posted 14 November 2003 - 05:31 PM
Posted 14 November 2003 - 10:55 PM
Posted 15 November 2003 - 09:54 PM
If you look above you'll see the positioned longs and shorts almost exactly equal. If you have any position right now you're fading someone on FF, aren't you? I know your EW work calls for possible new highs before a major pullback.....could happen. The difference in what you do and what I do is you try to predict the future, in general I react to the present. If I can react quickly enough I'm on trend and make money. Since I don't have to spend countless hours hunched over my crystal ball trying to devine the future, I have the liberty and time to practice these reactive skills and you know something.....it works more often than not. Also, since I'm reacting to documented history I don't have to argue with anyone who doesn't agree with my clairvoyant skills or change my predictions 4 times a week as new data becomes available. To each his own. Whatever floats our respective boats. My work tells me that I got short Monday afternoon via a 2x leveraged fund that has a profit in it right now. How's your work performing up to Friday's close?