Traders ignore OJ, like you ignore the class buffoon, but sometimes even the class bore, gets into your face! What I find particularly amusing is his assumption that those that correctly shorted the market in the last few months had 'their heads handed to them'. Seems that profitable stop outs are solely the proprietary strategy of OJ, others can't get stopped out of shorts profitably and are relegated to holding shorts when the market moves up! He is confusing his telling everyone to hold TASR as a strong mover at 113 and his own personal strategies of letting losers add up to unfathomable losses to other's strategies of profitable stops. There were few shorters unprepared for the 'relief rally' These same shorters locked in profits, went long and are back shorting again without "posting in real time" because they are too busy trading (losing as well as winning of course unlike OJ, who always wins) to do much trick or treating. Now ask him what he's long, and he'll be "profitably stopped out" of course. What is he short? ???
What happens in the room is there are scores of traders posting their trades, their wants, their "xyz is looking good" and at the end of the session, the GOOD PLAYS that might have or not have worked out are taken out of context and added to the "winners for the day" Its not his fault, many do the same, but they are not prattling around in glee and joyful abandon! I'm much younger than he, and hopefully by the time I'm in my 60's I'll be enjoying a very profitable retirement on a Polynesian Island and not still looking to 'own my own real-time live with voice' trading room and wooing potential subscribers like college students trying to impress girls at spring break in Daytona Beach. I'd be too old for that at 63!
AI
