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Duma

12/11/11 4:34 PM

#59634 RE: bbgold #59631

I'm sorry but if you believe that chart, I have some ocean front property for you in Arizona. This is what all "guru's" do, long after the date has passed they show you what you should have done. Total garbage. Garbage is something of no use. Tell me what his triggers were that he traded on. There weren't any. I'm not saying he is not a good trader, I'm saying the chart is of no use if you don't have a set of rules to trade by and follow them.

According to the chart he has a buy on 11/23.

I looked over his posts in that time frame and this is what I found.

11/23 post asking where's the bottom? doesn't sound like somebody about to go all in. And if he was he would have posted it.
11/24 no buy
11/25 no buy 200day ma slope negative
11/27 (Sunday)calls for selling TZA
11/29 issues a buy signal.

If you can find a post where he said to go long on the 23rd, I would love to see it. Then I will eat crow.

Every trade bar I put on my charts are backed up with either posts stating what I am going to do BEFORE the event, or it follows the rules I have published and talked about many times.