As usual, the guru bears (Crawford, Eliades, and others) have been all wet so far in calling for a crash.
Astrology and analogs of previous crashes are no substitue for solid analysis, at least if you want to make money.
Guru Bears
Started by
darnelds
, Sep 12 2007 10:51 AM
5 replies to this topic
#2
NAV
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Posted 12 September 2007 - 10:57 AM
You forgot Prechter, Mchugh, Fracman.....Nothing new there. It happens every fall. Aug thru Oct is the annual crash calling competition 
Edited by NAV, 12 September 2007 - 10:59 AM.
#3
Remo
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Posted 12 September 2007 - 11:05 AM
You forgot Prechter, Mchugh, Fracman ....Nothing new there. It happens every fall. Aug thru Oct is the annual crash calling competition
#4
eminimee
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I don't care who's fur is flying...
Posted 12 September 2007 - 11:14 AM
For a two way trader we have had a crash.....I just totalled up the net points gained on ES both long and short since mid July.....if I shorted the top at spx 1556..... spx would have to be trading at 1020...a 35% drop. ...to get the same number of points...
#5
youmast
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Posted 12 September 2007 - 11:21 AM
Ohh, it's a compliment for the "striped-pants-clown" to be in such famous company....
#6
darnelds
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Posted 12 September 2007 - 11:31 AM
Well said. If wishes were horses, beggars would ride.
For a two way trader we have had a crash.....I just totalled up the net points gained on ES both long and short since mid July.....if I shorted the top at spx 1556..... spx would have to be trading at 1020...a 35% drop. ...to get the same number of points...
