Quote from nononsense:
StockSniper,
Is it true that Jack was throwing pearls around?
How do you know this?
There is a difference between "believing in" a methodology and learning from a methodology. If you have actually learned something, if what you have learned is verifiable by observing the markets and by trading in the markets, then you have gained. That is how Jack has helped me.
People on ET, me included, where counting down impatiently till Labor Day to finally see Jack at work in realtime.
I may be wrong, but I believe you would have gained little from Jack calling the market in realtime, since you obviously have not taken the time to learn much about his method. Oh, but I forgot, "It's just tooo HARD!!!"
In this business it is not necessarily swinish to look first for some reality before becoming too exuberant. In fact, I consider it my duty towards other ET members to share my concerns with them. No free lunches here.
The phrase "pearls before swine" has nothing to do with swinishness, in the sense of being bestial or brutish. I certainly did not intend to malign you or anyone else in that manner. "Pearls before swine" means placing something of great value before someone who does not have the ability to appreciate its worth. Instead of taking the time to try to understand what was being said, you decided instead that it was your "duty" to raise "concerns", which were nothing more than statements of misunderstanding concerning what many here have taken the time and trouble to learn. All you shared with other ET members was that you were too lazy, or too impatient, or too ignorant to understand what Jack had to offer.
Glad again to hear you profited from the "pearls".
Thanks, I honestly wish that at some point you will be ready to profit as well.