Replies to post #186057 on Zeev's Turnips Patch-No Politics (ZEEV)

[Joe Stocks]

>>Threads like this exist because of egos not philanthropy volks,<<

Very interest point. I have oftened pondered that myself. I think it is a little of both with a little bit of competitiveness thrown in. Plus, trading is a lonely job so some interest in posting comes from boredom too.

[market_watcher]

bottom line is that Herr ZeevHeds long term maps are no more accurate than any novice trader, PERIOD.

In the first 4 months of 2003, the map was pretty good. A person could have made a pretty good year just from those 4 months, in my opinion. Running the numbers, you could have made up to 43% looking for local tops and bottoms on the Nasdaq within the criteria set out in the initial map for the first 4 months. Yeah, I know, you can't buy the Nasdaq, but I'm just using it as an illustration.

I don't know if or when Zeev changed over to a more bullish posture, but I know he was pretty bullish when I started following this thread. Why you guys can't give him some credit where credit is due is beyond me. He explicitly states he's dealing in probabilities, not absolutes.

Threads like this exist because of egos not philanthropy volks, wake up.

Does it really matter why the thread exists? Even if it did matter, if the thread existed because of ego, there would be a lot less freedom to post things like your own message, as well as less freedom to post things that are outside of Zeev's own interests. I don't find any more ego here than is justifiable and appropriate to the medium.

[nspolar]

rockhill, your post gets a vote for honesty and truthfulness, imho.

Plus the content was right on the money.

If I might add something it is that folks have to first and foremost understand their own individual system. If they just follow others they basically don't have a system.

If they are of a longer term bent, as I am, they should recognize this and not follow Herr Hed's LT prognosis very much at all. You just as well go to Vegas, and might suffer less pain if you do.

[lee kramer]

rockhill: I gotta step in here. Most people DO lose on options and Zeev's contention that the best strategy is to "write" and take the premium is pretty sound. That's not to say that you or others don't do well in options; but it's been my experience, most of it anecdotal, that most do not. My observation of Zeev is that he is a short-term trader with a very disciplined method. He posts entries, exits, profits and losses. From what I've seen over the few months I've seen his thread is that he is quite good as a trader. His "road map," as I see it, is nothing more than that; a map, an idea of what is "likely" to occur. To say this his "long term maps are no more accurate than a novice trader" is a gratutitous slap in the face and grossly unfair. I saw the '03 H&S bottom, but I've missed others. And if you call me a novice trader you'd be mistaken. I have yet to observe any posts by Zeev that suggest "ego" of any kind.