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Quote from justrading:

So, now you say do not look at what I do, look at what I say.

Fine.

You have called the top ticK of the DJIA for 2013 when it is proven to be such, ie the year is done. Until then it is unproven so stop bragging.

Further, since you have consistently rubbished TA on the grounds it is not statistically verifiable, I trust you will agree that even getting the DJIA call right does not qualify the PDs as statistically verifiable.

Would you like to go on the record as to what you believe will qualify the PDs as being statistically verifiable/proven? I think we should agree that point, don't you?

Let's be consistent and not try to have it both ways. I know that is something you struggle with, judging from the other thread you just started.
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I appreciate the honest criticism. But what other thread did I just start?
surf
 
Quote from justrading:

Just as in yesterday, not just now.

Some fundamental reasons why the top is in.
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I'm not understanding.... What's wrong with fundamentals? PD's quantify the fundamental forces that move price when explained simplistically.
 
Quote from marketsurfer:

I'm not understanding.... What's wrong with fundamentals? PD's quantify the fundamental forces that move price when explained simplistically.
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It's not about fundamentals, it's about consistency.

Anyway, that is probably a discussion for the other thread, this is your journal.
 
Surf I'm glad you took profits at the bottom of the dip. There could be a DT shaping up, for a good aggressive short setup to those of us who wait for price to reveal where the transactions have refused to go, before positioning for a new trend.

What do you think? Are price drivers giving any clues?
 
Yes, wide--- it will be a HISTORIC double top formation that the TA folks will write about in books about this era. Price Drivers called the minimunyearly top first.

surf
 
Surf reminds me of champions in boxing fighting to the last round even as they look defeated.

Your perseverance is most definitely there, hope it works out for you.
 
Quote from marketsurfer:

.... What's wrong with fundamentals?...
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IF you're capable of interpreting them accurately AND anticipating their changes, probably nothing for intermediate to long term investing. A study of crude oil price fluctuations concluded that 70% + of short term price fluctuations had [size=red]nothing[/size] to do with fundamentals though.
 
Assume you are aware that YM did an AH violent spike after IBM earnings release and took out the yearly high by a couple ticks before falling back into this narrow 5 day consolidation range. But I know, I know, until it happens with the $DJI it didn't really happen.
 
Quote from bh_prop:

Assume you are aware that YM did an AH violent spike after IBM earnings release and took out the yearly high by a couple ticks before falling back into this narrow 5 day consolidation range. But I know, I know, until it happens with the $DJI it didn't really happen.
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Do u think this is signaling where the mkt is headed..to new highs?
 
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