News Focus
News Focus
icon url

wahz

10/29/02 8:54 PM

#39647 RE: hk2 #39604

I honestly wish I knew how to respond. It's a compilation of a large number of indicators I have used for 2 decades, and the way they were evolving, ie, they were pointing down but with no break, they will bounce hard and did.

I went to gently and humbly add that I no longer feel I have a clue to what Zeev looks at intraday. He has consistently been wrong, seemingly every day, on short term direction, yet he makes successful short term trades. Very mystifying. He says down, I see up, we go up. Vice versa. Mind you his medium term calls, turning points, have been very good or even better, and this is why I listen. This sounds like criticism but it's not at all. I just wish I knew what he was looking at that was pointing him in the opposite direction lately as me almost every day. It's bound to start going his way soon.
icon url

wahz

10/29/02 9:12 PM

#39652 RE: hk2 #39604

Sorry, I just thought of the main issue with the bounce...we had consolidated all day it seemed just at 1282. we touched and it wouldn't break, we came down to it before. The st indicators were strengthening not weakening as we spun there, and the coiling was leading me to believe we would spring. We could have broken down but that would have been very abnormal for that total pattern