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I think the only point Tom was making is this: if you are going to make predictions, why not share the methodology that allowed
you to make the prediction? Don't get defensive, just tell us why we should believe the forecast. For example, what is
Profittaker? What methodology does it use? We are not asking for trade secrets, just some background information. Thanks.
Bill Bancroft
JCDuffy@xxxxxxx wrote:
> Please see Comments Below....
>
> ===============================
> << << good morning
>
> i hope you had a chance to roll into the dec contract
> if not today day traders can sell short when spoos are up 5-7 points
> position traders can use today sell off to go long spoos when it is
> down
> 14-20 to go long for a target of 35-40 points
> regards
> ======================================
> Ben >>
> good afternoon
> sorry i missed the short trade in the late morning by 1 point and the
> long trade
> in the afternoon by 3-4 points >>
> =======================================
> Ben, not sure of your intentions, but I hope (and don't think) you were
> criticizing.
> These "misses" just prove once again how very close most of these forecasts
> from Profittaker are. I have no idea who he is, but by the consistentcy of
> his market calls, I do know to be on the look out for his views. His is a
> forecast of support/resistance and direction only. It is not his
> responsiblity to determine your risk tolerance. It is certainly not his
> responsibility to tell you for free, things it likely took many years and
> many thousands of dollars to learn. I hope he continues to generously share
> and thank him for it. If you can't use a tool like Profittaker who is right
> most of the time, then don't blame him for what you have yet to learn. For
> some, he is the best of RT.
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