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daniel039209
i must not understand the the projections and the videos. Werent ALL projections higher on the SPX ( after covering short)? Im pretty sure, you were the most convinced that the SPX was going higher you have been in 2.5 years.
3 days ago it was 6300 NO DOUBT. Then it ratcheted down to 6200 with same conviction. Big reversal on Friday. The market is probably going to get killed on Monday. Maybe do another update BEFORE we are down 4% about where YOU STOP looking for 6200-6300? As in , where are the levels that invalidate your new found upside/bullish stance? Okay, now i see your "6043 SPX" level as leading to 5900. Awesome. the SPX is down 100 already , have any other lower projections???
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Peter Eliades
Moderator
daniel039209 said:
i must not understand the the projections and the videos. Werent ALL projections higher on the SPX ( after covering short)? Im pretty sure, you were the most convinced that the SPX was going higher you have been in 2.5 years.
3 days ago it was 6300 NO DOUBT. Then it ratcheted down to 6200 with same conviction. Big reversal on Friday. The market is probably going to get killed on Monday. Maybe do another update BEFORE we are down 4% about where YOU STOP looking for 6200-6300? As in , where are the levels that invalidate your new found upside/bullish stance? Okay, now i see your "6043 SPX" level as leading to 5900. Awesome. the SPX is down 100 already , have any other lower projections???
Daniel, the whole gist of the weekend update was that, after Friday's price action a strong case could be made that the top was in. Now that we see Sunday's sharp decline, an even stronger case can be made. I NEVER said "it was 6300 NO DOUBT." I never would say NO DOUBT about anything in market analysis. If I used the expression NO DOUBT it was in reference to whether a projection was given or not. Sometimes you get different interpretations from different time spans. Our software even gives the percentage accuracy of any given projection. I have never seen a 100% reading statistically that would rate a NO DOUBT! After Sunday's price action, we should be able to say it was an excellent and timely update. As happens so often with the markets, the test becomes whether we have a time opportunity to take advantage of it...
daniel039209
Peter Eliades said:
Daniel, the whole gist of the weekend update was that, after Friday's price action a strong case could be made that the top was in. Now that we see Sunday's sharp decline, an even stronger case can be made. I NEVER said "it was 6300 NO DOUBT." I never would say NO DOUBT about anything in market analysis. If I used the expression NO DOUBT it was in reference to whether a projection was given or not. Sometimes you get different interpretations from different time spans. Our software even gives the percentage accuracy of any given projection. I have never seen a 100% reading statistically that would rate a NO DOUBT! After Sunday's price action, we should be able to say it was an excellent and timely update. As happens so often with the markets, the test becomes whether we have a time opportunity to take advantage of it...
Thank you for response. Okay, i may have taken liberties with my choice of language, but the 28th &29th updates really focused higher ( "78 % of times and with 10% ATR booster,82% of times,projections hit.) it is very important to know exactly where this UPSIDE is eliminated at least for now, And what are some medium term LOWER side projections? tyia
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i must not understand the the projections and the videos. Werent ALL projections higher on the SPX ( after covering short)? Im pretty sure, you were the most convinced that the SPX was going higher you have been in 2.5 years. 3 days ago it was 6300 NO DOUBT. Then it ratcheted down to 6200 with same conviction. Big reversal on Friday. The market is probably going to get killed on Monday. Maybe do another update BEFORE we are down 4% about where YOU STOP looking for 6200-6300? As in , where are the levels that invalidate your new found upside/bullish stance? Okay, now i see your "6043 SPX" level as leading to 5900. Awesome. the SPX is down 100 already , have any other lower projections???
Last updated
Daniel, the whole gist of the weekend update was that, after Friday's price action a strong case could be made that the top was in. Now that we see Sunday's sharp decline, an even stronger case can be made. I NEVER said "it was 6300 NO DOUBT." I never would say NO DOUBT about anything in market analysis. If I used the expression NO DOUBT it was in reference to whether a projection was given or not. Sometimes you get different interpretations from different time spans. Our software even gives the percentage accuracy of any given projection. I have never seen a 100% reading statistically that would rate a NO DOUBT! After Sunday's price action, we should be able to say it was an excellent and timely update. As happens so often with the markets, the test becomes whether we have a time opportunity to take advantage of it...
Thank you for response. Okay, i may have taken liberties with my choice of language, but the 28th &29th updates really focused higher ( "78 % of times and with 10% ATR booster,82% of times,projections hit.) it is very important to know exactly where this UPSIDE is eliminated at least for now, And what are some medium term LOWER side projections? tyia
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