there are a lot of ways to make money in the markets, but this thread is more ST, most people here are concerned about the intraday, daily or weekly,
if your a trader and watching the market daily, weekly, there are a couple of things (actually only one),
you will eventually go broke if you are on the wrong side of a multi-month move, if you are bearish or bullish
I would be willing to bet that if people would just specify the time frame they are discussing, like half of the argumentative posts on this thread would disappear.
Over on SI at the 'clown-free e-wave zone' thread, they do that pretty consistently and the signal to noise ratio over there is great.