Aire: What's with the condescending tone. It serves no purpose whatsoever.
I simply pointed out that on your chart, the recent 80-week low was an anomaly, an exception in the 80-week lows that you had marked.
I did not say such exceptions could not happen. Obviously, it did. I have questioned why and how it happened, but ultimately this is useless speculation.
Referring to the next big correction in the $NYA, I had written: "I know one thing for sure: I will recognize it when I see it." What I meant was this: When I see a short opportunity, I will recognize it. I didn't say that I would recognize the top--just the next correction. You're correct--it may or may not be the top.
If there is any question about what is and is not condescending, let me clarify. "if you *ever* get to study the hurst course you will *eventually realize*..." This simply serves no purpose other than to boost your own ego. You do not know what I know or don't know. I am asking you kindly to stop.
I prefer to keep the discussion to the facts or information stated. I pointed out that the recent 80-week low was an exception in your chart. The statement obviously stands. What it means or may not mean is open to question. I am speculating that a bubble may now be occurring, but as I pointed out, the speculation is a waste of time. When it pops, a short trading opportunity will appear.
BB
