29 replies to this topic

[cycletimer]

I don't get you guys! Larry offered his analysis for FREE and you guys (especially SemiBiz!) basically pooped all over him. In the process you pissed him off. It is okay to disagree with someone's anaylysis but SHOW SOME FRIGGIN' RESPECT! Larry Tomlinson is one of the finest E-wavers and Cycle analysts in the trading universe and when he posts you guys should listen. He has made me money and if you will open your minds up he can make YOU money. Mark Young our moderator has reminded everyone of this before and hopefully he will jump your all over your A _ _ es again!

[SemiBizz]

I just asked him to explain it and he stiffed me while I gave concrete examples that backed up my position. I don't care if Larry is the Man on the Moon. And in the interests of being fair, there is at least one other poster on the board who claims Larry has led him astray.

Edited by SemiBizz, 09 March 2008 - 12:14 PM.

[milbank]

I'm not a fan of e-wave cycles but, I do admire Larry because he is authentic. Larry is a gem for this site because of that. Even if I didn't know he has a subscription service, just by seeing his posts and replies, I can trust that he really does do "his work." He shows it when he posts. If someone has a legitimate question about it or needs clarification or explanation, he answers, clarifies or explains. Whether he turns out right, wrong or flat, he is an originator and a master of his specialty. I have seen e-wave posts that start with "my work says" but, there are no charts and when questioned more specifically on it, there is no reply. Just stuff I see other e-wave people posting on other sites as well, "for the record." Not to come down on Semi, who I also admire very much or the poster Semi referred to who happens to be the only personal friend of mine in the "real" (as opposed to virtual) world on this site (that I know of), just to say that Larry's posts are the result of true, authentic work that he shares, shows and if necessary, explains when he posts.

Edited by milbank, 09 March 2008 - 02:04 PM.

[milbank]

Just to add, of course, it doesn't mean one has to agree with him. That's what makes a market.

[SemiBizz]

Look, I'm not in the business of playing games here particularly... the victim, persecuter, rescuer game.

Bottom line this is what Larry said:

The phase of the Moon is not what generates cycles, it is the Apogee-Perigee and lattitude declination that generates the cycles. We can see this visually in an Ocean tide chart. During an up bias week tides will be decreasing in strength and during down bias weeks tides will be increasing in strength. Here is this weeks tide chart, note every day of the week the high tide is lower and the low tide is higher. Result, an up bias week.

I took him at his word, but I was skeptical, so I back-tested it. I posted examples that disproved the above statement. Larry, then, rather than explaining himself, stiffed me. That's fine. If he doesn't want to explain himself, he shouldn't have started in the first place.

Edited by SemiBizz, 09 March 2008 - 02:37 PM.

[milbank]

Look, I'm not in the business of playing games here particularly... the victim, persecuter, rescuer game.

Bottom line this is what Larry said:

The phase of the Moon is not what generates cycles, it is the Apogee-Perigee and lattitude declination that generates the cycles. We can see this visually in an Ocean tide chart. During an up bias week tides will be decreasing in strength and during down bias weeks tides will be increasing in strength. Here is this weeks tide chart, note every day of the week the high tide is lower and the low tide is higher. Result, an up bias week.

I took him at his word, but I was skeptical, so I back-tested it. I posted examples that disproved the above statement. Larry, then, rather than explaining himself, stiffed me. That's fine. If he doesn't want to explain himself, he shouldn't have started in the first place.

You are right. You definitely responded to what you were given at that point Semi.
One of the unfortunate aspects of conversation on the internet is that some things that might be taken as dry asides in conversation, are given equal weight as the actual point being communicated and the way in which something is posted can be taken as more of an offense than it was perhaps intended.

For us, who aren't originators of TA, the back and forth of you posters who are, is enlightening and helpful to our understanding of what the possibilities coming up are.

Edited by milbank, 09 March 2008 - 03:27 PM.

[The End]

The only thing I have to say on this is that, on the surface, Larry's work is impecable. I lost an awful lot listening to it.

[The End]

I think I am being a bit unfair. For years, Larry made some amazing calls. I did, in the begining, make some very good money on Larry's original work. I think Larry is great in bear markets. TE

[cgnx]

I hate folks who ask too many questions. Larry just tell him to watch and learn.

[SemiBizz]

Don't need to watch... I can just go to the source, THIS information is quite free.... Xyber9 is the site of the Guru of the "gravitational" school of cycles...

http://www.xyber9.co...ForecastCode=UW

While his method seems pretty good on direction, he missed the last 3 major turns in the market... if you moved on his advice on Jan 20th and went long, you paid a big price... 80 SPX points. 100+ Nasdaq points, 5 points on the QQQQ.

Then there was the November Crash...

The Xyber9 short term Weekly forecast is as follows:
We did see the markets move up from October 20th to October 27th, then start its down trend to November 4th as previously forecasted. The Xyber9 programs are still suggesting that we will see the end to this down trend on November 4th; therefore we can expect the bottom to be on November 3rd or November 6th due to the end of this trend falling on a Saturday. That is to say we should see the markets prices lower on November 4th, lower than the highs of October 27th. We should see the market move up to November 12th from there

That would also have been about a $5 loss in the QQQQ, 112 SPX Points, and 150 Nasdaq points, depending on your entry.

I'd say that this methodology while somewhat accurate on relative direction, leaves a lot to be desired with respect to nailing turns in the market... and if you relied on his forecasts, you took big losses.