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POKERSAM

09/02/11 7:32 PM

#26258 RE: northam43 #26257

northam43 - Sorry but I am standing by my predictions. It is not that I have no confidence in your system it is just that I have more confidence in mine. My system has proven itself consistantly to be very accurate. I have no doubt it will be correct again. If our systems disagree this will be a good test.
I re read your posts # 26233 26234 from two days ago. Do you still think those predictions are correct? Granted, I have, on occasion, made a prediction that later proved incorrect. I always knew where my error was made and the error was mine, not my system's. Is that the case with yours here or does your system need fixing?
One other thing, at what point in the decline will your system tell you we are in the BIG BEAR I discribed?
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desertcynlite

09/02/11 7:37 PM

#26259 RE: northam43 #26257

While that is true for the S&P and Dow, it is not true for the Nasdaq. I find this puzzling and am not sure how you reconcile this. Perhaps, you know the answer?

So many theories to consider. EW has it's merits. I am not an expert but, use it loosely in trading. Not sure why you are hanging your hat on cycles. I find using a variety of moving averages along with fibs and monitoring the VIC work well for me.

Who knows what the future will bring. Here's an interesting article that further argues the direction of the market.

Cheers,

http://www.istockanalyst.com/business/news/5394731/uncertainty-grips-economy-market