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I do not disagree with your comments. I would like to quote one line from your
post ' It is
all such heartache and so fruitless...' This well describes how it feels when
Delta fails. What's needed is full exposure and examination...a so called trial
by Fire(kind of an old Celtic thing)...and if she goes up in smoke....too bad.
Hold on to your money Folks....it's way too early to buy the Book, subscription
or Directorships....the Dust is just begining to settle. We'll just have to see
if the Delta's stay in town.
John
<snip>
Bill Eykyn wrote:
> Some had tried some really quite expensive
> concepts and I have to say that I feel very sorry for those who have been
> taken for a ride on the Delta thread we have been reading about...It is
> all such heartache and so fruitless...
>
> They were genuinely elated when they could see a roadmap from which they
> could trade each day. The simplicity of 'looking left' and seeing all the
> previous points in the area, where the market made a significant turn, and
> using these to great effect, were not so much astounding, as they were
> practical.
>
> As you might imagine, Mr Fibonacci featured a bit and it is amazing how many
> times his .618, .382, etc comes into play while watching the price action...
>
> Let me urge you to look for the simple. The very simple, in front of your
> face, facts and use these as a means of learning to read the tape.
> Obviously, I am talking day-trading, here - i.e. those of us who choose to
> earn a daily loaf from the market, regardless of where the sun or moon is
> at the time... and whatever the delta, gamma and vega is doing to someone
> else's position...
>
> Stay focused on the present, with an eye to the past!
>
> <snip>
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