Quote from Nine_Ender:
Posted Dec 3, 2011 :
Reader's will note two things here. One, he was declaring the "Xmas Rally" over 3 weeks before Xmas. Nobody said the idiot was logical. Second, note the price point where he claims the Dow has topped out. The Dow went up approx. 900 points since.
This has been an ongoing pattern with Grand_Super_Cycle for two years. There is nothing special about huge misses like this for him they are quite regular in nature.
Looking to today, he's been adamantly short the SPX from approx. 1290 in late December. We went to 1350 then backed off to 1340. He's now congratulating himself for this move. This is what he does. He loses 60 points, makes 10 points, then thinks he's a winner some how. A clear signal he's never traded in his life.
Not sure it means "he's never traded in his life", but it's probably that he doesn't trade at all or he was announcing that he was about to go short and never did despite the terminology most associated with being positioned short.
Really bizarre. 1290 is more like where he "went short", but hadn't announced his actual entry price until recently.
