the londonkid report

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londonkid said:
Just before you steal my thunder I am calling 2000 cash in spoos, shortly followed by 2040 cash in spoos by the end of Q1. I have stated this earlier in the year but I am putting it out there now. Ultimately though I do believe we will see spoos through 1800 in the longer term and another round of QE in the US. I don't have a timescale for this as there are too many unknowns.

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Basically you are calling for SPX to be 70 points higher in the next 6 weeks or so. Not really a great big leap in analysis there. We could hit that in just an intraday price swing given current volatility. Also your calls are basically saying we will either go up or down, again not a great big leap in analysis, either way you will claim victory. HOWEVER, you clearly state that you do not even trade SPX so you are not making trading calls really. You are posting a chart and saying the market will go up or down.

You can see how that tends to come across as the same level as the analysis in the journal you just left to start your own. SO just be warned that you cannot sing your praises that you were right when you basically called the market higher or lower over the next 6 weeks but you have no positions traded based on this call nor do you even trade this instrument as you stated several times. Just seems a little disingenuous...
 
optioncoach said:
Basically you are calling for SPX to be 70 points higher in the next 6 weeks or so. Not really a great big leap in analysis there. We could hit that in just an intraday price swing given current volatility. Also your calls are basically saying we will either go up or down, again not a great big leap in analysis, either way you will claim victory. HOWEVER, you clearly state that you do not even trade SPX so you are not making trading calls really. You are posting a chart and saying the market will go up or down.

You can see how that tends to come across as the same level as the analysis in the journal you just left to start your own. SO just be warned that you cannot sing your praises that you were right when you basically called the market higher or lower over the next 6 weeks but you have no positions traded based on this call nor do you even trade this instrument as you stated several times. Just seems a little disingenuous...
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Hey Dest's mate. I suggest you read Newwurlds, post he seemed to understand my calls, they are pretty specific. If you think my calls are saying we could go up and down you are mistaken, have a re-read. I have explained how I use the spoos to enter other markets. When you say I cannot sing praises when I called the market higher or lower in 6 weeks I don't understand what you are saying. I am only calling it higher before end of Q1, nowhere have I called it lower on a long time scale apart from tonights dip.

Anyways these are my market calls, I will major on spoos as that's what a lot of retail people trade. Feel free to use the ignore button.
 
thoughts on trading - be very careful who you listen to in this business. On your journey you will find every trader you meet is profitable, they all know what they are talking about, we know only a small % are profitable. They will be keen to shoot you down and tell you when you are wrong. Be individual, think for yourself. This is a competition so if you are doing well in this business you are likely to be doing things that others are not. Always think for yourself.
 
optioncoach said:
Basically you are calling for SPX to be 70 points higher in the next 6 weeks or so. Not really a great big leap in analysis there. We could hit that in just an intraday price swing given current volatility. Also your calls are basically saying we will either go up or down, again not a great big leap in analysis, either way you will claim victory. HOWEVER, you clearly state that you do not even trade SPX so you are not making trading calls really. You are posting a chart and saying the market will go up or down.

You can see how that tends to come across as the same level as the analysis in the journal you just left to start your own. SO just be warned that you cannot sing your praises that you were right when you basically called the market higher or lower over the next 6 weeks but you have no positions traded based on this call nor do you even trade this instrument as you stated several times. Just seems a little disingenuous...
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Last week he stated that 1930 was worst-case on the downside, and we traded under 1910. So I suppose you just give the guy 1-3% wiggle room on all of his calls, as there is certainly nothing on the line. He also called a touch of 2000 in spooz by month's end. A touch of 1940 will qualify by a 3% rule.
 
destriero said:
Last week he stated that 1930 was worst-case on the downside, and we traded under 1910. So I suppose you just give the guy 1-3% wiggle room on all of his calls, as there is certainly nothing on the line. He also called a touch of 2000 in spooz by month's end. A touch of 1940 will qualify by a 3% rule.
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troll denied and reported. Guy got owned in front of customers.
 
londonkid said:
trolling after you got owned lol.
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See, that's how the site works. You make calls that fail and then refer to them obliquely, later, as successes. You shat on Surf's thread for weeks, long after he was banned, and assume that people won't call you out on your failures; simply because you feel indemnified here?

You accuse surf of sh*tting all over people's threads when you've been the most prolific poster on his thread?

Have you yet to make a call that didn't fail? I've taken a look at the past few that you posted to the Surf Report, and they all missed. Honest question -- you consider nearly $1,500 per contract in heat a success? (1930 worst-case call)

http://www.elitetrader.com/et/index.php?threads/the-surf-report.285862/page-310#post-4242540
 
destriero said:
See, that's how the site works. You make calls that fail and then refer to them obliquely, later, as successes. You shat on Surf's thread for weeks, long after he was banned, and assume that people won't call you out on your failures; simply because you feel indemnified here?

Have you yet to make a call that didn't fail? I've taken a look at the past few that you posted to the Surf Report, and they all missed. Honest question -- you consider nearly $1,500 per contract in heat a success (1930 worst-case call).
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troll denied - look magna will clean this up. You are seriously warped, i should know better than to debate with you. People are pm'ing saying congrats and stuff I don't want to read about you. it's better you stop
 
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