Truth-Seeker, one of the toughest things to do, is to be all
things to all people. Face it, all of us even the bears deep down
are bulls. It's human nature to be bullish, through floods,wars,
environmental disasters, and holocausts. It's the human spirit
to get up when we're down, dust ourselfs off and continue
on, for tomorrow is a new day.
Ike, I admire because he reflects that human spirit; that everything
is not as bad as everyone thinks. He has always in the years
I've read his posts reflected a note, that it is always wise to cover
oneself in case of a downside move.
The problem with looking at the market. There is the very very long time
move; the very long time move; the long time move; the medium time
move; the short time move; and the very short time move.
Myself as a trader and investor, whenever I take a position in the market.
I never mix and match the thought process for a short term trade
with the thought process required for a very long term trade.
Ike's levels happen to be right on mine, they may be one or two points within
the actual level the market hits. No one is that good that they can pick
the level to the fourth digit. At least no one on this Earth can.
Ike has easily dealt with criticism many times over at SI; but there is
a line in the sand; if crossed that anyone including yourself, would not
put up with. I think any of us would leave a site, if we had to put up with
that final insult Ike had to put up with. I agree with Ike entirely. Good luck.
Regards