OPEN DISCUSSION BOARD

[northam43]

A Monthly Phase 2 is a long term up trend. A Monthly Phase 1 is a long term correction. AAPL is currently in the 9th month of a Monthly Phase 1.

[POKERSAM]

Believe me, dummy, I never read your "reports". Why would I waste my time? You lead off with your smart buys. heh heh
Please continue doing that and maybe I will help you again.
It is pretty obvious you need it.
What is a "monthly Phase 2"?

[northam43]

Working out pretty good if I say so my self. Just wait till the Monthly Phase 2 kicks in.

[northam43]

Glad you are reading my reports. I have been projecting a 60 min Phase 2. That's probably where you got the bounce info from. That's great, you can use my system anytime, put your letters and numbers to it so it looks like your E-Wave is working. Of course you won't be able to be a perma Bear all the time.

Hate to break it to ya, but we're not in no Bear market.

[POKERSAM]

northam - Well dummy, how are you doing? I see you have bought SPXL at 46.45 and 48.37. You can buy some more now at 46.04.
Man, it's no wonder you only eck out 25% a year. I am surprised you do that well with trades like this.
Just to help you out, here is some advice. We will be getting a bounce soon and you can get out near even or even make a few cents. Do not panic and sell at a lose.
You should read my rules for trading a bear market. Maybe they will help you avoid stupid mistakes like this.
Of course, your first problem is that you are bullish. heh heh
You are welcome.
POKERSAM

[POKERSAM]

Go ahead, moron, crow all you want. You are crowing about a 5 point little bump on a $500 stock. You are a real fool.
How are you going to look when we hit 360? Well, you will look like the idiot you are. LMHO

[northam43]

Bet you wished you would have bought some! It had a one hour correction today. It's been in a Monthly correction for 9 months.

[northam43]

You got to be kidding me! AAPL gets a 60 min correction and you start yelling the sky is falling.

At least you got the symbol correct.

[POKERSAM]

So, northam, you are a buyer of AAPL at $500.00. You will probably be a seller of AAPL when it hits $360.00 in a month or so.
Let's see how that works out for you.

[northam43]

Pokersam - 1st off the correct symbol for Apple is AAPL

Here is a 2 yr chart of AAPL, if it gets above 505, the Monthly will confirm a Phase 2. Since I don't follow AAPL, I don't know what the average AAPL Monthly Phase 2 is or the average price movement for a AAPL Monthly Phase 2, but looking at the 5 yr chart, it could be a long long time, and up up up.

I would likely be a buyer here.

[POKERSAM]

Hey moron. What is your call on Appl?
Oh that's right, You do not make calls, you make projections or estimates of future action based on current evidence. The rest of us sane people say that is a call. LMHO
You are just too easy to make fun of. But, really, what can you expect?

[northam43]

"AAPL - Most probable direction and target is down"

Pokersam - I wouldn't expect anything but down from you.

[POKERSAM]

northam43 - You don't have to prove to me there are morons in world.
All you have to do is form a group of morons and you will attract other morons. It is an example of the old truism that "birds of a feather flock together".
You have a stupid system and it is producing stupid results, so I guess you could say it is working perfectly.
It just seems strange to me that your system projects targets that are missed 13 times in a row and you say it is working great.
I guess your bar is so low you would consider anything great.
Of course if your goal is to make 25% per year, almost anything would be great. LMHO
Another thing I find humorous is that guys like you and TREND, and others of your ilk, actually think you are intellectually qualified to analyse the stock market. You guys are just barely literate.
Here is a question for you. If the minimum test score on the ASVAB is 31 to enter the Army, how did you get in? Oh, wait a minute, Forrest Gump passed it and his IQ was about 70. Well, I guess the bar is not all that high here either.
One thing about you, northam, you are always good for a laugh.

[northam43]

The system is working great. Matter fact my facebook group added two members yesterday. So how's your pay per view website doing?

[POKERSAM]

Unbelievable = Missed the last 13 projections. Man alive, if the system is broke fix it. LMHO
"Hopefully!!" Hope is not a valid trading plan.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=90922797

[northam43]

This says all I need to know about you.

"The Super Bearish wave count shown in the Updated Charts in the yellow zone is still my primary"

Super Bearish.....ROTFLOL! and I'm the moron....your too much!<G><G><G>

[POKERSAM]

northam43 - You are still a moron. LOL
If I proved anything to you, you would just lie about it.
I whipped you every time we have gone head to head.
I can beat you consistently every day.
The thing that kills you is that you know it.

On occasion when i am bored I read some of your ridiculous projections. I think I read the other day that your projections in one time frame had not reached your projection for the last eleven cycles. You then said it was "DUE".
You must be kidding me!!!! LMHO.

I don't have the interest or time to dig out a link to the post. You know you said it though.

Go back to your Micky Mouse board and leave the men alone.
What a wimp.

[northam43]

"I post short term charts with direction and targets through the day in the trading pit if anyone is interested."

If your calls on I-hub are anything like the ones in your trading pit, it would be a waste of time.

Before I buy a car I want to see what's under the hood, take it for a test drive, research how it has performed over the years.

[JLS]

ignore

[POKERSAM]

That is a normal human response. Humans have the habit of ignoring what they are incapable of understanding.

[JLS]

ignore

[POKERSAM]

JLS - Come on man, I know you read them. How else can you hope to learn anything?
That is just silly and sooo immature.
I suppose if you have nothing of any value to say or have no way of answering my posts, that is one way to handle it. I don't know which is worse. Your stupid response or stupidly just saying agnore.

[JLS]

agnore

[POKERSAM]

JLS - I see you are still struggling with the time thing. Really, once you have direction and target the time it will take to reach the target is such a given I sometimes fail to mention it. I have just taken it for granted most posters are aware of the common means of estimating time to target.
In the shorter term action knowing what wave you are in gives more clues as to the time that will be involved. For example a wave one down will usually take place faster than a wave one up even though they travel the same distance.
A wave two will take a third to a half the time of a wave four. A wave four that does not follow a wave three gap will take no more than twice as long as the wave three. etc.
In estimating long term time to reach a target, there are other clues that every novice analyst should already know. The angle of a decline is usually sharper than the angle of an advance. Once the direction and target are determined the target date can be easily estimated using the common angle, the target price and the time line. These points are so fundamental and obvious I do not always mention them.
Perhaps MTar could help you better understand the issue of time relative to direction and price targets. It seems that dumbing down explanations is not one of my strengths. For that reason I am probably not the right person to start a slow board for you guys.

[JLS]

MTar,

Be careful with the gambler's calls. Backtests have shown that he's the best contrarian indicator around.

He gets the prices right, and he gets the dates right, but he never gets them right at the same time. And that makes all the difference in the world.

Any system which only deals with price and does not deal with time, and is always subject to revision after the fact, is a system which is not worth a POS.

In reality, E-Wave probably ought to be done only on a PNF chart, whereon time does not exist.


Liar, liar, pants on fire. Hangin’ on a telephone wire!

Deceiver, dissembler
Your trousers are alight
From what pole or gallows
Shall they dangle in the night?

When I asked of your career
Why did you have to kick my rear
With that stinking lie of thine
Proclaiming that you owned a mine?

When you asked to borrow my stallion
To visit a nearby-moored galleon
How could I ever know that you
Intended only to turn him into glue?

What red devil of mendacity
Grips your soul with such tenacity?
Will one you cruelly shower with lies
Put a pistol ball between your eyes?

What infernal serpent
Has lent you his forked tongue?
From what PIT of foul deceit
Are all these whoppers sprung?

Deceiver, dissembler
Your trousers are alight
From what pole or gallows
Do they dangle in the night?

William Blake

[POKERSAM]

MTar - Thanks for the compliment. I am sure I look like a genius to you.
Yes it is all about probabilities. It is never about guarantees. I think comparing it to predicting the weather is a pretty good analogy. Sometimes the odds are very good and sometimes they are not. The market does not always do what is most probable. I suppose the genius of EWP is knowing what is most probable at any one time and then what will probably happen if what is most probable does not. Sorry, I am sure I lost you on that one. That is OK, do not get discouraged.
So, you didn't quit understand the post. I was afraid of that. I guess it was just too convoluted for an intellectually handicapped person such as yourself. My bad, I apologize. Remember I am not a trained professional in the area of mental retardation.

I really don't know how I could dumb down my statement any more than I already have. I wrote it with the MCC board in mind.

Maybe you could visit the slow board that already exists and they could help you understand. At least you all speak the same language.

Your question is: "so what you're saying NOW is that 1768 is the most likely outcome? It's a yes or no question. Keeping it simple for you.

My answer, of course, is NO.

I am afraid you are going to have to find someone who has more patience and experience dealing with the intellectually handicapped to help you with this.

[MTar]

when you change your "probabilities" after the fact (after your prior "probabilites" prove to be totally wrong), even you can look like a genius.

so what you're saying NOW is that 1768 is the most likely outcome? It's a yes or no question. Keeping it simple for you.

[POKERSAM]

I was thinking about starting a slow board. You know, for guys like MTar, northam43, and many others we all know. Then I realized that it already exists. I call it the MCC board, which is probably not very nice of me. Most of those who need it have migrated there already.
Oh well, I am just trying to come up with ideas to help the disadvantaged.

[POKERSAM]

MTar - Hey Mtar, what part of this post did you not understand? Let me know and I will try to simplify it for you.
Really, how intellectually challenged are you? We used to call it retarded but that is not polictally correct today. I don't mean to offend, but if you could tell me approximately what your IQ is I will try to post my "observation/speculations" at your level.
If it is below 70 don't bother telling me. I doubt I could explain anything so you could understand it. I also would not want you to feel bad about yourself. IF it is above 70 let me know by about how much.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=90064514

[MTar]

Hey Jokersam, what is your current "most likely" scenario? I want to fade that in SIZE..

[POKERSAM]

northam43 - Sorry, you are just too stupid to warrant a response.

Just apply this to all of your future posts.

[northam43]

If I were you I surely would be embarrassed. Do you actually go back and read your posts? The name calling, basically totally useless posts, you have been wasting your time for a long time

"I wrote a long response to this nonsense but decided not to post it." Glad to hear it. Probably would have been a waste of my time to read it.

What exactly was the point of your post, anyway? Just to say you wrote a long post but decided not to post it. That's real funny. <G><G>

Oh ya, I'm suppose to wish you well. Have a great day!

[POKERSAM]

northam43 - The sad thing here is that you are very serious.
I wrote a long response to this nonsense but decided not to post it.
I am a little embarrassed that I would waste so much time and effort.
Everyone who has any sense already understands.
It would not help you or anyone who does not already understand.
Good Luck

[northam43]

Examples of calls:

The top is in.

The top is now in.

With out a doubt the top is in.

the top of this advance is 1630

We are in a 40 point bounce now and will get 100 pointer near 1250 or so

Examples of observations/speculation:

Based on Pokersam's latest top call, the market should surge to new highs.

IMO the target for top of this advance is 1630. That has been my target since 1573. Once target is hit we collapse in 3 of (3).
This is the favored, odds on and most likely correct bearish count.

[POKERSAM]

northam - "I wasn't making any calls, I was making observations and speculating as to what I believed was likely to happen based upon the charts/indicators that I posted,"

WHAT?????????? Man, you are one strange bird. Duh, would you like to explain the difference? That should be really good.

[northam43]

I'm sure there wasn't much genuine concern, I believe your past comments will back me up on that. Also, I wasn't making any calls, I was making observations and speculating as to what I believed was likely to happen based upon the charts/indicators that I posted, I admit that using the 1 min to 30 min charts is not my cup of tea and I do not desire to use them in my trading system, even though they could be.

I see that your name calling continues, that seems to be the only way that you can express yourself. Very sad.

Why should I condemn my fellow posters on Gleno's board, they are entitled to their opinion, and I voice my opinion. We do it in a civilized manner and don't resort to name calling. We provide charts and facts to support our positions, we don't try and ram anything down any ones throat. We respect others opinions that act in a civilized manner and deal with those that don't.

Gleno runs a very good board, there are those from time to time that would like to suppress the content, as when the market gets boring, we talk politics & religion and the liberals seem to have
trouble supporting their views so they resort to suppressing.

Yes, it seems that there are a lot of people that use a 123 ABC view of the market, I don't believe many of them are actually practicing E-Wave. You make statements like "One thing you might consider is that it takes a real idiot to make fun of the most popular system of technical analysis in the world" If you would have said "could be the most popular system" you might have a little credibility. But your statement lacks credibility as does most of your statements.

I would think that support & resistance TA is probably the most popular. That's just my observation.

Have a great weekend!

[POKERSAM]

northam43 - Boy, there you go again. Out of genuine concern I offer some sound advice and this is what you do. I guess it is true that no good deed goes unpunished.
I know you were not day trading. You were just making very short term calls. All of them were terribly wrong and that prompted my concern. I was afraid you might start acting on those stupid calls.
One thing you might consider is that it takes a real idiot to make fun of the most popular system of technical analysis in the world. Even on your Mickey Mouse Club board it is referenced often. Elliott Wave is everywhere and referenced, rightly or wrongly, by just about everyone. This must be very frustrating for you. Why don't you start condemning your fellow MMC posters every time they use EWP? Maybe you can save them all from their terrible error in giving credence to what you, in all of your wisdom, have determined to be foolishness.
You are such a dolt. Have you always been so stupid or is it a more recent development?

[northam43]

Hey, I wasn't day trading and there is no secret as to my positions, feel free to check them out anytime. Glad to see that you are visiting Gleno's board, you will probably learn something other than your ABC 123 Michael Jackson song.<G>

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=90092031

I see that your in disagreement with another E-Waver, can't you agree with anyone? This guy seems to be a lot more intelligent than you. Of course that wouldn't take much.<G>

Wonder how long before you start calling him names.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=89935056

It must be pretty lonely over their in that empty pit.<G>

Just to let you know, the next time we go to 1560 will probably be when the Monthly Phase 1 correction starts, and the SPX will be going lower than that, probably between 1450 to 1490.

Any way thanks for your concern on my posts today.

Good Day!

[POKERSAM]

northam43 - Good night son, starting at the 1:30 low today you started making calls for a new high in the S&P by the close. You did it about 4 times. What happened?
You better stick to your trading plan and leave day trading to those who have a clue what they are doing. You would have lost your shirt today getting whipsawed back and forth between phase 1 and phase 2. You had better stop looking at those very short term charts. Your system can't handle it. If you had been long at the close as your last post indicates you would probably get killed at tomorrow's open.
Shoot for your 25% a year and be satisfied with it if you make it. You can't handle anything else.
The only reason I am pointing this out is that no one in the MMC board will. If anything they will congratulate you on your great calls. LOL I am concerned you will try to keep doing this short term calling and you just can't do it. Stick with what works for you, even though the returns are minimal, it will be better than losing money. Maybe, hopefully.
Good Trades my friend.

[JLS]

ignore ignoramus

[POKERSAM]

Don't you fools realize how much you flatter me with your constant attention and foolishness? No, I am sure you do not.


“When the foolish attack the wise, their foolishness is more than being stupid, it is that deadly combination of arrogance and ignorance.” POKERSAM

“Wisdom cannot be imparted to fools. Wisdom that a wise man attempts to impart always sounds like foolishness to fools. It is the way of fools to remain arrogantly ignorant" POKERSAM

[MTar]

LOL Classic...

and most likely true...

[JLS]

He's hiding

in that dank dungeon he calls The Pit.

He does that every time his market calls go very bad and start smelling like death warmed over. Nobody's in the pit with him. He's curled up under his moldy and ragged childhood blanket on the damp floor in the fetal position as he fumbles with his Tarot Cards in a vain attempt to divine a new wave count that doesn't make his other counts look foolish. He would Throw Bones to do the same, as that always seemed to work better than any alternative in the past, but he can no longer do that as the last time he tried that his dog quickly leaped on them and chomped them down, for it had not been fed for two days.

His only light is a cheap candle that drips more than it burns. It sits on top scattered papers on a dusty table. Everything is covered with eraser crumbs and the papers are smudged black with the graphite of previous sketches redrawn over and over and over. The ceiling above is cover with black candle soot; the pain of defeat seems to never end.

[MTar]

Not yet.

[northam43]

Who is he asking anyway? I don't think he has a clue what the market is going to do next. I'm surprised he didn't call a top again, or did he?

[MTar]

He flipped a coin or consulted his magic 8 ball and came up with this brillant thought..


http://investorshub.advfn.com/boards/read_msg.aspx?message_id=89849574

[POKERSAM]

Who told you that, fool?

[JLS]

Pokermonkey bought puts at 1630

[POKERSAM]

That is why I am amazed that you did not do it. heh heh
A lot of people did.

[northam43]

No I didn't! That would have been a dumb thing to do.

"Did everybody sell their calls and buy puts at 1630?"

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=89665653