Objections to SCT

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Alright, B-Team, if you are QUITE through kvetching, I have something serious to say. (WHY do I always attract these n'er-do-wells to me? Oh, well, at least they cycle through quickly enough, likke the bench on a third rate football team. And they make my aliases look polite by comparison. Wait, now they'll attack ME! Ugh, free floating hostility is such an ugly thing.)

Anyway, Joe inexplicably forgot Objection #11. Techie types!

It's the useful things Jack doesn't talk about that bug me the most, like the nature of retraces. None is nice, endless long or short. Tiny is nice, giving us an entry into runs we were too chicken to take in the first place. Not returning to the previous high (long) or low (short) is good because then we get to use our crayons drawing channels (Look Daddy Jack! Mine is PURPLE!)

But best of all are what Joe so colorfully calls "rat-shits" (he's trailer trash three generations back, which is as far as they have county jail records), those lovely ratchets where price retraces past the previous high (long) or low (short). These are better known as bear and bull flags, irrespectively. I love to watch the chart while people go to sleep inside them. The ending is SO like the percussion clash in Haydn's "Surprise" symphony.
 
Quote from achilles28:

Cant resist...is that true?
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Yep, he had a great web site and his English was beautiful. Great storyteller. Search ET for MarketMonk. He promised to teach his secrets for a small token sum of $10,000 and there were several takers. He had a very vocal group of supporters on ET for a while.

Keys to attracting a following:

1. Eccentricity. Be apart and different.

2. Speak authoritatively. Experience without facts or verification. Suggest, special knowledge and background that gives unique market edge.

3. Attack individuals instead of responding to inquirys.

4. Write so much you cannot be pinned down. Post 5 messages to every detractor post. Wear them down...

5. And, never, ever, never, post a blotter!!!
 
The angst of waiting for an FOMC announcement induces madness in the lesser mortals. So forgive me if I tell you what ran through my mind as I though of the Surprise symphony: an ET version of the doggerel verse children learn to sing to that theme:

"Papa Hershey's dead and gone,
But his mem'ry lingers on.
When his mood was one of bliss,
He drew charts like THIS. (Crash!)"
 
Oh, Slacker, does that mean that if I post my "blotter" I can't be your guru? $55 net, just fucking around to stay in practice. You'll note the first trade was a Jackean "wash" (God, I hate that term! Why the fuck can't he just say scrub or scratch or snatch like everybody else?), so it can be done. To paraphrase the famous line from "Throw Momma off the Train": "A trader trades!"
 

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Quote from hypostomus:

You'll note the first trade was a Jackean "wash"
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They are not doing 'wash' trades any more. That, and always in the market, killed the Grob109 effort of a year and a half and 100's of pages. That 'ATeam' is still in the Grob 12 step recovery program!
 
Indeed they were. If you are a rabid Mirren fan, like I am, you will remember an Aussie film from the late 70's where she was topless on a beach. Once you have seen those, you can't forget them. That was before she was famous.
 
Thunderdog, have at it. I have been tempted many times to parody Jack's shallow understanding of NLP, but I respect Bandler and Grinder too much to do that.
 
My favorite still was a Vanity Fair shot of her in front closure boned (boner?) corset with those old tits pushed up to her chin. Lucky Taylor Hackford! I hate him! I'd get her to smother me with those every night.
 
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