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I may be in the minority but I don't think so because I found Rick's S&P
forecast accurate and beneficial. I am not an Fdate subscriber but having
this type of cycle information is Extremely Valuable. If I knew this type of
information on a consistent basis, I could retire. I don't have to know how
he does it in order to make a profit nor do I need him to tell me how to
trade it, nor where to enter and exit.
If someone tells you the trend is down until a certain date and then, on that
date, the trend will change to bullish for several weeks, what more do you
need ? If you cannot make money with this type of information, there may not
be much hope for your trading or else you still have a lot to learn. Even if
you did not go short but waited to buy the S&P at the open of 10-20-97 at
952, the close today (a down day) was about 974 for a profit of $11,000. If
you do not have enough money to hold an S&P overnight, buy options or play
the mini or DJI. If you do not know how to take advantage of this
information, don't trade. You are not ready yet.
If you are actually looking for a teacher to show you how to trade, Rick
teaches his TTC methodology to all purchasers of TTC (Trading Calculator)
which is sold at a fair price. If and when Walt accepts students, you can
learn from him also. Regardless of where you are in your trading knowledge,
you MUST recognize the importance of soeone who provides an accurate forecast
on a market that is one of the toughest to trade. I also recognize Walt's
method's as being different but still good. No where does it say I can only
have one or the other. I learn from both. If you prefer one's methods over
the other, don't degrade the other one just learn from both.
These are my opinions.
Lynn
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