I mean, I couldn't have gotten off six times in 29 minutes! What a thrill! And the trick pays you!
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Old Possum's Book of Practical Charts
- Thread starter John Merchant
- Start date
Quote from John Merchant:
All it takes is one good call to make a guru. I made FOUR.
No, No, NO! You are making the calls before the fact. To be a guru you make the call after the fact but make it appear to have been before the fact. I'll admit some exceedingly devious gurus do make the call before the fact, but they also make the opposite call within a week or two and keep switching, ad infinitum. When their last call is working they temporarily stop the calls and point their "correct" call.
I had a scurrilous private message saying you were doing exactly that by using an alias but reversing your call and using another charting package so it was not obvious. I blasted the sender.
It's hard to fake it (with calls) here on ET because we can go back and review the calls. It's much easier on TV.
Thanks, I think. Although we do use nineteen aliases, we can only afford one charting package. So if it's an unutterably stupid post, and it uses an E-Signal chart, it is me. I am trying to extort E-Signal into giving me free service by continually embarassing them with my postings using their charts.
I appreciate your pointers on how to achieve guru status. I have tried many different tacks in three years here, but nothing has worked yet. In the past I have been the most impressed with gurus who made ONE right forecast, quit forecasting, and lived off of it for twenty years, never letting you forget that they predicted October '87. Expect the same from me.
It is interesting that all the clumsy putzes who created bullish NAZ threads in late December are now nowhere to be seen.
I appreciate your pointers on how to achieve guru status. I have tried many different tacks in three years here, but nothing has worked yet. In the past I have been the most impressed with gurus who made ONE right forecast, quit forecasting, and lived off of it for twenty years, never letting you forget that they predicted October '87. Expect the same from me.
It is interesting that all the clumsy putzes who created bullish NAZ threads in late December are now nowhere to be seen.
I would like to make a statement in defense of any of you out there who drink while you trade. The three nicely net profitable trades I posted in the middle of the previous page were all made while I was dead drunk. You have heard of mean drunks? Sloppy drunks? Amorous drunks? I am a profitable drunk! Moet White Star to be exact. You HAVE to be profitable to afford it!
Merchant! Have you been sold into indentured servitude or, do you yet breathe air like a free man? Speak, old friend. If not, all ET will bewail the loss of the only prophet to see the error of our collective ways. Would you have us stumbling around in doubt, made sport of by the cruilities of market usage and the privations of that wanton lady luck. Speak, I dare you!
My associate Merchant is currently indisposed by a bad case of working for a living. As you may recall, we send various of our personalities out to seek gainful employment when the unemployment rate is so low that employers as a class are desperate for any kind of help at all. Joe Doaks does weapon system engineering, F.-M. Arouet liases with the frog defense establishment, Duref Mudgins does pro bono therapy with incarcerated sex offenders, and Cassandra turns the odd trick.
Old Merchant is out taking management consulting training, which he says is like teaching Grandma Merchant to suck eggs. After that he is off on another consulting gig. This lamentable need to work arises because you will not share with us the secrets of your Midas touch, so we only average about $100 a day trading NQ with our own pitiable methods. (That 10sma wild goose chase you sent us on cost us a bundle, let me tell ya!) Mrs. Merchant avers that we spend THAT much on expensive French champagnes every day, and several times daily sings the ShonDells' song "Get a Job!": "Sha na na na! Sha na na na! Sha na! Sha na na na! Sha na na na! Sha na! Gitgitgitgit! Gitgitgitgit! Boomboomboomboomboom! Get a job!"
Truth to tell, however, Merchant is lying low because he put Mrs. Merchant 100% in cash three weeks ago, and he ain't postin' ANY charts until the market cooperates and goes DOWN like the bitch she is.
So stay tuned, as soon as Merchant can strumpet that he was RIGHT, you'll be heartily sorry you inquired as to his health. Art.
Old Merchant is out taking management consulting training, which he says is like teaching Grandma Merchant to suck eggs. After that he is off on another consulting gig. This lamentable need to work arises because you will not share with us the secrets of your Midas touch, so we only average about $100 a day trading NQ with our own pitiable methods. (That 10sma wild goose chase you sent us on cost us a bundle, let me tell ya!) Mrs. Merchant avers that we spend THAT much on expensive French champagnes every day, and several times daily sings the ShonDells' song "Get a Job!": "Sha na na na! Sha na na na! Sha na! Sha na na na! Sha na na na! Sha na! Gitgitgitgit! Gitgitgitgit! Boomboomboomboomboom! Get a job!"
Truth to tell, however, Merchant is lying low because he put Mrs. Merchant 100% in cash three weeks ago, and he ain't postin' ANY charts until the market cooperates and goes DOWN like the bitch she is.
So stay tuned, as soon as Merchant can strumpet that he was RIGHT, you'll be heartily sorry you inquired as to his health. Art.
Dear Mr. Dixon. My beloved friend and pedophilic trading mentor Mr. Merchant has been teaching me a few things. Please consider the attached daily chart of sweet light and crude. He tells me to bend over the monitor and look at it very closely. He says that it proves that another reprehensible recidivist reptillian reprobate on ET, to wit Saint Hershey, was a true genius. Do you see how price still respects the second channel drawn FIVE MONTHS AGO?