Quote from blowingup2012:
One thing I wanted to point out which is of worthy mention is how market commentators and bloggers will always seem to hedge their statements so that if their call goes wrong then they will look right. Nor will they ever provide real sources for their statements or show us exactly what they are seeing so we can evaluate the information for ourselves. There is always a certain amount of vaguery baked into their statements. They will most always use the term "propietary indicator" which means they dont want to give us any supporting information and look smart.
Why cant these market commentators simply say they were wrong? Im not sure if its part of some marketing strategy or a part of their personality where they will assume no personal responsibility for their statements.
So if you are looking for worthy calls from commentators then its truly a very mixed bag. Its not even worthy to tune into those shows or be a part of a blog otherwise you get sucked into their game. They might seem like they are on their side, but the only side they are on is their own.
Quote from blowingup2012:
One thing I wanted to point out which is of worthy mention is how market commentators and bloggers will always seem to hedge their statements so that if their call goes wrong then they will look right. Nor will they ever provide real sources for their statements or show us exactly what they are seeing so we can evaluate the information for ourselves. There is always a certain amount of vaguery baked into their statements. They will most always use the term "propietary indicator" which means they dont want to give us any supporting information and look smart.
Why cant these market commentators simply say they were wrong? Im not sure if its part of some marketing strategy or a part of their personality where they will assume no personal responsibility for their statements.
So if you are looking for worthy calls from commentators then its truly a very mixed bag. Its not even worthy to tune into those shows or be a part of a blog otherwise you get sucked into their game. They might seem like they are on their side, but the only side they are on is their own.
Quote from SteveNYC:
Yep. Figured that out moments ago.
Should just post under emg and take it like a man.