6 replies to this topic

[Frac_Man]

I see a good short for the failing Dow right about now ...... It's beautiful

[.Blizzard]

Here at 12400 (YMM7)?...you're a bit late today Hank...IMHO Look at the European Indicies However, do you have a target?

Edited by .Blizzard, 29 March 2007 - 10:03 AM.

[Frac_Man]

it's a day trade for today ---------- gosh the Dow is falling

Hank

Here at 12400 (YMM7)?...you're a bit late today Hank...IMHO

Look at the European Indicies

However, do you have a target?

[.Blizzard]

it's a day trade for today ---------- gosh the Dow is falling

Hank

Here at 12400 (YMM7)?...you're a bit late today Hank...IMHO

Look at the European Indicies

However, do you have a target?

maybe tomorrow....not today:

8:30 - ET Personal Income and Outlays

9:45 - ET NAPM-Chicago

10:00 - ET Construction Spending

10:00 - ET Consumer Sentiment

PS.: gosh the Dow is falling -------------You posted to go short when the YMM7 was at 12400

Edited by .Blizzard, 29 March 2007 - 10:15 AM.

[Net]

Here at 12400 (YMM7)?...you're a bit late today Hank...IMHO

Look at the European Indicies

However, do you have a target?

Hi Blizzard,

Always enjoy your posts. Have noticed from time to time that you do like to hold the feet to the fire (with various people making calls), so to speak... and that's not such a bad thing.

But to be fair to Hank, the one minute bar on the YM for my chart, within 30 seconds prior to Hank's post has a range of 12404-12415. That's assuming I have the time zones figured out, and also the TT server clock is right on the money, giving an exact time stamp for the post. I did check the TT server clock, and it appears be accurate within a minute.

About 11 minutes prior to Hank's post there was a lower high of 12437 (on my IB chart) which I note has not been taken out ...yet. So, assuming it takes a few minutes to do the analysis, and then takes a few minutes to take care of one's own trades first and foremost (before offering up a free forecast), and then taking another minute to write the post, I don't see a missed call here.... yet. It is a day trade call, so let's see how it pans out as the day progresses. I guess it would have helped for Hank to give a sell target, instead of just offering up go short. For that, I agree with you that Hank could be more clear from time to time.

However, regarding your post, THEE low tick, which occurred after Hank's post, is 12400, so saying Hank posted when the market was already at 12400 (which is what your post implies) is not really fair, and exaggerates the position and forecast against Hank.

Oh.. and as I'm editing this post, I just noticed we took out that low... with a spike below 14385... ...so who knows. I don't trade by Hank's or anyone else's forecasts, but I do like to pay attention and see who's been consistently making the good calls. The way this helps me, is by causing me to take a harder look at my own analysis when what I'm seeing is a fade to their calls.

Edited by Net, 29 March 2007 - 11:10 AM.

[Frac_Man]

Thank you ...


Hank

Here at 12400 (YMM7)?...you're a bit late today Hank...IMHO

Look at the European Indicies

However, do you have a target?

Hi Blizzard,

Always enjoy your posts. Have noticed from time to time that you do like to hold the feet to the fire (with various people making calls), so to speak... and that's not such a bad thing.

But to be fair to Hank, the one minute bar on the YM for my chart, within 30 seconds prior to Hank's post has a range of 12404-12415. That's assuming I have the time zones figured out, and also the TT server clock is right on the money, giving an exact time stamp for the post. I did check the TT server clock, and it appears be accurate within a minute.

About 11 minutes prior to Hank's post there was a lower high of 12437 (on my IB chart) which I note has not been taken out ...yet. So, assuming it takes a few minutes to do the analysis, and then takes a few minutes to take care of one's own trades first and foremost (before offering up a free forecast), and then taking another minute to write the post, I don't see a missed call here.... yet. It is a day trade call, so let's see how it pans out as the day progresses. I guess it would have helped for Hank to give a sell target, instead of just offering up go short. For that, I agree with you that Hank could be more clear from time to time.

However, regarding your post, THEE low tick, which occurred after Hank's post, is 12400, so saying Hank posted when the market was already at 12400 (which is what your post implies) is not really fair, and exaggerates the position and forecast against Hank.

Oh.. and as I'm editing this post, I just noticed we took out that low... with a spike below 14385... ...so who knows. I don't trade by Hank's or anyone else's forecasts, but I do like to pay attention and see who's been consistently making the good calls. The way this helps me, is by causing me to take a harder look at my own analysis when what I'm seeing is a fade to their calls.

[greenie]

I like Hank - be nice to him or otherwise His forecasts are often correct. He even has a cool avatar