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Re: sp500



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Bill:

What is Profittaker?   No no... Who is Profittaker? 
Profittaker is Ben, Ben is a person. A live person,
believe me I know.  

Norman E.  

Bill Bancroft wrote:
> 
> 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.