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Trading is an Art not a Science. Predicting a decline of 21-34 pts on sp500. is only 1.8% to 2.9%. After a big run up this not a big deal. Let the market tell you what to do instead of telling the market what it should do and expecting it to do what you say. How does one know what the market is telling you? That's where the trading comes in, and the trading is not the same for everyone, just like two people looking at the same painting in a museum. They don't see the same thing. On the other hand, if a large calculater is on the wall next to the painting and someone punches in numbers, everyone will see the same numbers. Contributions by way of posts to the traders on the group are helpfull when one discusses what he sees on the painting without assumming that what he sees everyone sees the same thing. When you make that assumption is when you think you have turned the Art into a Science. At that point every forecast made on the forum will, if not consciously, then subconsciously, come across as a statement of fact, as from a crystal ball, or a time machine. Trading should not be a do or die, eat my hat situation. This is not healthy for the writer or the reader.
qqtrader
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