We are in a slow motion Crash!

Quote from blowingup2012:

...but you do have something in common in that the both of you refuse to post actual returns and we just have to somehow "trust you".
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What is your obsession with seeing everyone's account returns? This is a thread about overall market direction in the future. People give their ideas and provide some sort of rationale for their claims. Sound judgement by the reader should determine if their argument makes sense, not detailed account returns. Profitable traders can still give bad advice just the same as a non profitable trader can still provide an intelligent conversation.

Example:

Quote from luckyluciano:

Fixating on charts and TA is fixating on the past to predict the future. Fundamentally, *corporate profits continue to increase,
*real estate is bottomed out and turning the corner,
*governments of the world are living in a glass house of transparency where they cannot continue to borrow to get elected much longer
*the noisy news of goverement debts will soon get drowned out with the reality that corporations have adapted and are growing profits which is what the stock markets of the world are really truly all about.

Governments need to get their acts together like the corporations have!

How can you have a real CRASH when corporations are doing so well?
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This is very sound reasoning and Luciano sounds like he knows what he is talking about. I don't know anything about him, but if he is a poor trader would that then make his reasoning invalid? Corporate profits still fundamentally drive the market at its core, but if a poor trader says it then its not true anymore? Conversely if someone told you that the S&P would go to 200 by 2015 and then showed you that he was a profitable trader with years of account statements, would you believe him blindly and throw your money in shorting the market?
 
Quote from logic_man:

Has Jack Hershey ever started a thread like this?

http://www.elitetrader.com/vb/showthread.php?s=&threadid=239926

Clearly, I am willing to show people my returns. Just not you.
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Let me answer your question in the thread you authored about showing account statements. You can always mail or email the statements to any number of funds, institutions and money managers out there along with a thoughtfully written cover letter and CV. However, I dont believe that will work, but it might be worth a try. Im sure someone has tried that before.

The way I have seen people employed through these forums is to post a detailed journal with real time entries and exits. Ive also seen people do it by authoring a blog. Your audience is more sophisticated then you think. So you have to post in real time and answer detailed questions which are put forward. Maybe you might even show a screen print of the actual trade. After a while someone will notice and then you can take it higher. There are a few losers out there who do not post their entries/exits in real time and dont bother to answer legitimate questions. Those losers are weeded out quickly. There are some educated guys on here who know the business and go through those journals. They will let you know when you have crossed into the loser category and not to waste your time.

Another option is to join a prop firm and if you are successful with them then eventually word will get out. Im sure someone like Don Brite has a lot of connections and if you are successful with him then you will eventually move forward. In any event, you need to prove and demonstrate something first before you move forward. Just paper statements I do not believe will be of any help. All of us experienced Joes roll our eyes when we see someone come out in a public forum with a system that makes 26% a month. We tend to think its more bullshit we have been fed before and need something more to validate.

So Im taking the time to give you the best advice possible. Responding to me is wasting your time and just gives more entertainment to the peanut gallery. There was one guy who told me once that all of his prop firm opportunities he found on here. He is a well known trader and posted detailed journals. He disappeared because he found a gig and no longer needed to post in the journal.
 
Quote from blowingup2012:

Can I get an apology from the haters since I am right?
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You are delusional. Here is the timestamp from the first post in this disaster of a thread:

04-10-12 10:59 AM

The low during the hour between 10AM ET and 11AM ET that day was 1369 and the low for that day was 1352.5.

In case you haven't noticed, we are, at this very minute, higher than both of those prints and are only ~3% off the high set nearly 1 month ago.

This thread has clearly degenerated into mere trolling because no one is this stupid. As such, I would argue it should be closed or taken out of "Trading" and put into wherever trolling threads go. That you came back to post here shows you're just looking for attention.
 
Quote from blowingup2012:

Can I get an apology from the haters since I am right?
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In yet another example of your impeccable timing, you posted this at 3:50 ET and we have yet to have a print below the low of that minute since, but, instead have moved up 11 points in the ES.
 
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