5 replies to this topic

[traderx]

IBD SAYS WE ARE NOW IN A CORRECTION!!

[Sentient Being]

I think we all sorta knew that!

[JAP]

IBD SAYS WE ARE NOW IN A CORRECTION!!

Really? No kidding?

Does William O'Neil really exist... never saw one pic of the man.

[selecto]

WW, do you know the basis for their call?

[traderx]

WW, do you know the basis for their call?

My reason for putting out the message was to bring in other comments from many others who followed Tuffy, till he left this board. Many liked his method of investing and trading.

As far as Oneil, I understand he made a lot of money, from IBD and a lot more from his service to institutions.

Selecto, Recent selling and todays selling were the vague reasons.


Everyone seems to define corrections differently! IBD seems to be a major player and has so many followers in the market, so their changing to correcetion seems to be significant,

[Sentient Being]

I was just joking around. I figured that when IBD says we are in a correction that's actually a very well defined situation. And they will be doing certain things trading wise and looking for certain signals before they go long again....that sort of thing. In other words, I made lite of it because it was an easy target but I'm sure they have a more sophisticated context behind making that call and what that means to them where the rubber meets the road.