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There is a recording floating around from one of his meetings. They discuss how to deal with FBO's. Some guy in the room asked: "well, when do you get in on FTT so you can break even if you have to reverse" - his answer was: "If you are too late, you're screwed" Hilarious! That answer pinpoints...

Hilarious! Failed BO is a retrace. Jumping fractals is when you don't know if you got a retrace or reversal. Your statement reads: "If you can tell the difference between the retrace and reversal, you can trade them". Your methodology is not capable of differentiating one from...

No money can be made reversing on green bookmarks. No money can be made consistently reversing on failed BO's. All 5 old annotated charts imply things that will happen on the next day, but never did. The sucker is born every minute. All you have to do is believe the guru. Everybody else...

Mushrooms are fungus, but most people don't seem to mind eating them.

Well thought through. My compliments. How do you go about creating definition of "strong trend"?

To all ye blithering oafs out there, gap that chart and see for yourself if what is being advertised, had actually developed on the next day.

How can Commodities collapse if US prints more and more $$'s?

Dear gamblerKi, this method doesn't differentiate between retrace and reversal. Instead it relies on changing the direction of the trade if WMCN does not come. After you go long on your second ftt at 1210, something must tell you to exit your position at break-even, before it is to late and the...

He is enforcing the 8 rules. The rules are the result of "naive" induction. Review of charts found them lacking.

Reversing on green bookmarks results in a net loss of 4 points on ES by 13:10. Good gapping!

1. Notations are in the eye of beholder. Not a single chart posted by his followers at the end of the day, correctly anticipates what must come next tomorrow. 2. This requires the ability to differentiate between retrace and reversal. Spydertrader advised his followers to trade the trendline...

http://www.treasury.gov/resource-center/tax-policy/Documents/incomemobilitystudy03-08revise.pdf For the purposes of that study (Page 19), the income cutoff for Top 1% in 1996 was $284,603. Do you really think that this type of income is considered to be rich by those who subscribe to the...

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The numbers speak for themselves.

The Republicans, who presided over the most significant wealth transfer from the middle class to the richest, left him to clean up the mess. He is a patsy.