OPEN DISCUSSION BOARD

[northam43]

Pokersam, probably not. Your just a trouble maker.

My system is working fine. I have not missed any hourly projections, the hourly projections are based on averages that the system, not I generate. The projections sometimes are not reached and then other times they will be exceeded. During the month of June the 60 min Phase 2 exceeded it's projected high 5 out of the 6 cycles that month. The Daily Phase 2 will only reach it's projected high 6 or 7 times a year. The Weekly Phase 2 projected high was 1708.19, the current high is 1709.67, so that projected high has been exceeded, so the next Weekly Phase 2 will likely not reach it's projected high. The SPX Monthly Phase 2 has exceeded it's projected high by 250.94 points, the next Monthly Phase 2 will likely be closer to it's average. If my memory serves me correctly you were a Bear when the SPX Monthly Phase 2 was confirmed, http://investorshub.advfn.com/boards/read_msg.aspx?message_id=71034027

The main objective of my system is identifying the long term direction of the market.

Right now the SPX Monthly is due a correction, that will be a major event when it starts, but when will it occur? Is it starting now? The SPX Weekly may start a Phase 1 correction this week, however, the Daily is due a Phase 2 this week, which could negate the Weekly Phase 1 this week, for a Monthly Phase 1 to start next month the SPX has to get below 1593 by the end of the month, right now the Monthly price is above the Monthly EMA 3 which indicates a strong Phase 2 up trend is still in tact. By the end of the year the SPX could be in a Monthly Phase 1 correction, the SPX low could be between 1498 to 1579, or we could be at the start of a new Monthly Phase 2, which the SPX would then likely be around 1650 to 1700 with a projected high of around 1800, or the SPX Monthly can remain in it's current Phase 2, a get to maybe a high of 1750. So to give you a number as to where the SPX will be at the end of the year, will be like buying a lottery ticket. I don't buy lottery tickets.

Now if you want to do a challenge, lets trade using our systems for 3 months from September 5th to November 29th, no options trading, we each start at a balance of $50,000, as of September 5th, we trade only SPXL or SPXS, each trade (buy/sell) costs $10, must post trades in real time (within 1 or 2 minutes of the actual price to give time for it to be posted), also explain in next post how the trade was made in relation to your system. I will update and post a spreadsheet each day after the close (unless I am out) showing the status of yours & my account based on what was posted to the board that day, using SPX Cycles Portfolio as a format.

At the close of the market on November 29th, whoever has the largest balance (includes stock value & cash on hand) wins.

If I win, you will terminate your I-hub account, if you win I will terminate my I-hub account.

I believe the conditions are fair and on a level playing field with total transparency

The deadline for agreeing to this challenge is August 25th, that is so an I-hub board can be established, "Pokersam E-Wave vs Northam43 SPX Cycles", we both can be moderators.