Quote from Pekelo:
Seriously son, if you want to be a good trader, you have to start paying attention to DETAILS!!
And I didn't jinx anything, I had a perfect prediction from Jan. 13th posted in the YM traders thread (I said the Dow would drop 300 points soon) and the prediction got fullfilled on Friday, in 5 trading days.
As for class, you can sign up for my prediction journal, coming soon.
Ok guys heres my last post on this topic, pentelo can have the last word. I went and checked your posts that you were boasting about, I wasn't so shocked to find that you boast about all of your confusing calls, and also that you like to jump on new traders with your condesending ego ridden comments.
The perfect prediction you refer to was from the post on Jan.13th where you said you were "long term bearish" from 10,9??/, down to 10,750 maybe lower. When I read that I did a spit take with the club soda I was enjoying. The move down to 10,750 from where it was when you made your prediction would be a 200 point move on the Dow. The fact that you consider yourself a "long-term bear"waiting for a 200 point drop in the Dow is the reason I just had to wipe the Club Soda from my computer screen. You should list "Watching paint dry" as one of your hobbies.( that was a 3 pointer from the arc, nothing but net)
On Thursday, you took the oppurtunity to slam my Wed. post (which said that I was in a put position looking for weak market action until Monday noon.) Funny ,that on the eve of the biggest move of the SP500 in three years, that all's you could do was make fun that Thursday went against my 3 day forecast. Why weren't you using those Thursday posts to warn of Friday's selloff. Aren't you trying to prove yourself to be the man to listen to here on ET? Anyone who would have read your Thursday's post , and listened to the tone of your rap would have been in a long position going into Friday. Only after the selloff was over do you mention an obscure post on Jan.13 that you were long term bearish to 10,750 maybe more. And now you are calling that a perfect bullseye( sky hook from half court,,SWISH!!). I have a feeling that if you really do trade, that Friday was a bad day for you.
You obviously have a passion for the Markets, but this need you have to be a jerk is something that someone should tell your parents about. I'm sure if your Dad knew you were addressing a Korean War Vet as "Son", he would give you a round house smack in the back of the head. Well, that's all, I won't take you out to the Woodshed on this thread again. For anyone else here that you've been rude to and would like take a whack at him. I have two words, "Batter Up", ( slam dunk from the free throw line).
...Rennick out