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Dennis Holverstott wrote:
Dennis,
My congratulastions to you. Your time cluster nailed the high of the day. One could have
easily sold at your 3:30 - 3:40 PM time window and rode it down to near the close for about a
$7 profit.
What method did you use to pick this time window?
Cheers,
Norman
> Norman's vague prediction:
> > That is why I am
> > not worried to tell you that 10:30, 10:42, & 10:46 AM EDT, on Monday, June 19,
> > looks like both an interesting window via a cluster of points and that the
> > resolution should occur near the 10:46 AM point for a short term intra-day
> > turning point.. Watch for a six to eight dollar move in the E-mini either
> > before or immediately after this window.
>
> Dennis's vague prediction:
> > I predict a 6-8 point move of the S&P either before or after the
> > 3:20, 3:30, 3:40 timeframe on Monday.
>
> Norman's shoulda coulda woulda after the fact trade:
> > Potentially, one could have made average $7 on the way up and $7 on the way
> > down, all in one hour. On one E-mini that's $700 in one hour excluding commissions and
> > slippage.
>
> Dennis's shoulda coulda woulda after the fact trade:
> Potentially, one could have made average 13 points on the way up and 9
> points on the way down, all in one hour. On one E-mini that's $1100 in
> one hour excluding commissions and slippage.
>
> Of course, both gurus completely missed the real move of the day, the 25
> handle run up from noon to 3:30, but hey.... WE WERE RIGHT. SUBSCRIBE
> NOW. :-)
>
> Seriously though, this isn't an attack on astrology. I'm open minded
> about that one. Rather, it's a realtime example for the newbies of how
> easy it is for a guru to make a vague prediction with a very high
> probability of being true one way or another and later take credit for
> having called the trade. I did my prediction ahead of time just like
> Norman (with no analysis other than the knowledge that something usually
> happens around 3:30) and, sure enough, something happened that I could
> take credit for. Could you have traded it based solely on the info I
> gave you? Heck no. Caveat Emptor. If somebody wants to sell you
> something, ask to see real-money account statements. And no, I'm not
> selling anything.
>
> --
> Dennis
>
> ------------------------------------------------------------------------------
> [Image]
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