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RichB
RichB

This is the make or break it time for Peter's bearish NDX thesis. The NDX 200 day MA is his line in the sand.

victorsiegel1002
victorsiegel1002

fxfx62159 said:

why are we not getting any mention about the actual software? Could you please focus on the projections and the software for us who dont have access to it? At this point it looks like we are finding reasons to support the bearish bias and not be neutral.. thats a miss of almost 500 points waiting for the market to turn..

He mentioned the software and projections on bitcoin and spx. The software says the overall direction is up. the only real question is why Peter doubts the projections so much. It’s a serious question worth asking. Peter, do you realize that what might “invalidate” if your TA is correct? Your software. That would be unfortunate because I think it’s great. What would validate the software and invalidate Peters always looking for TA to contradict his software? A move up to 4600, down to 4450, then up to 4800. if this happens, his software is perfect, and we should all quit traditional TA(which I also love and do daily). I’m hoping his software wins and we(including Peter) can focus more on those unbiased projections.

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