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> But if you ever want to talk trading then I think I could make some
> worthwhile contributions.
That would be great! I think everyone would enjoy the in-depth
analyses and discussions like we used to have on this list.
> If instead you just want to shut me up on this subject then the
> solution is quite simple - prove me wrong.
Not at all. Rather than just blasting Ben for sticking out his neck
with his own work, why not post your own analysis when you disagree
with his calls. Let's encourage healthy, constructive debate.
From: Bobh <Bobh59@xxxxxxxxxx>
To: realtraders@xxxxxxxxxxxxxxx
Date: Wednesday, September 16, 2009, 2:08:56 PM
Subject: [RT] sp500
Actually I have followed his record and stand by every word in my post. The only reason I got involved today was because of the way Dan was treated for simply asking tough questions of a spammer. And the specific post I mentioned occurred on 8/1 when the S&P was at 980ish and was as follows:
Attach is the weekly look at the market
As you can see in last few years we got some nice buys
(When blue line went from under lower line to close above it)
Now the opposite have happen
The blue line went from above top line to under it
This gives you next week to bail out of you IRA 401K and all conservative money
In regards to contributions you kinda sorta have a point but when you look at the activity level of this forum it would also be true for 99.5% of members. Plus half of the posts you consider to be contributions were outright spam and the other half are predictions/forecasts, and I don't believe these have any place in trading and therefore don't waste any time on them. But if you ever want to talk trading then I think I could make some worthwhile contributions.
If instead you just want to shut me up on this subject then the solution is quite simple - prove me wrong. And you can easily attempt to do this by you and your ah, mentor, opening up a free IRC chat room for a couple of weeks and show us all how it's done in real-time.
Back when I was involved in the training biz I ran a chat room and did this for several reasons. First, there's no place to hide in real-time. Second, real-time is FUN; hindsight training is necessary to a degree but boring and can only get you so far; and predicting as I've already said I regard as a complete waste of time. And third, the real-time component is the most valuable part of any training program, by far.
I look forward to your response.
On 9/16/2009 10:29 AM, Code 2 wrote:
Ben's record is actually surprising accurate ... that is, if you took
the time to look at it.
I'll take Ben's "broken record" over your contributions (oh wait, what
contributions!) any day of the week.
From: Bobh <Bobh59@xxxxxxxxxx>
To: realtraders@xxxxxxxxxxxxxxx
Date: Wednesday, September 16, 2009, 6:22:31 AM
Subject: [RT] sp500
A broken record that's been continually wrong for the last 200 S&P
points but one that can't go a few days without treating us to another
sleazy solicitation.
I've lost track of how many tops you've called during this rally, but
I do recall on the 2nd one that you advised us all to liquidate our
IRA's, 401k's, etc. (like anyone would be foolish enough to take
financial advice from someone like you). More importantly, I can't
find a single "buy" during this time. In my book this is a textbook
example of how not to trade and should be studied by all aspiring
traders as an example of what not to do.
I've also seen copies of your training materials and IMO the only
thing about them that should be taken seriously is the price tag. And
I know that your so called proprietary indicators are anything but
proprietary and can be easily replicated by the standard squigglies
that come with most charting programs. And this has been documented on
other forums complete with charts that left zero doubt.
You've also been kicked off other forums for violating anti-spam
policies, retro trades, imaginary fills, misrepresentations and other
bad behavior. And I was happy to play a small role in making that
happen on one forum but in that case I knew we had a moderator(s) that
would do the right thing. Sadly that isn't the case on this forum
where it's more likely I will get kicked or censored while they
continue to coddle and protect you.
Now I'm sure Larry and others in your small band of followers are
going to regard this post as claptrap and start with their cries of
"negativity" or "why can't we all just grab our ankles and get along"
or "you have nothing to prove". I say bollocks to all of that because
once you cross the line from contributor to spammer you not only lose
privileges but you have everything to prove.
Others in this group have legitimate products and services for sale
but never take advantage of the nebulous no-spam policy or lack of
leadership on this forum. I suggest - strongly - that from this point
forward you do the same.
Bob
On 9/15/2009 11:22 PM, Ben wrote:
Hate to sound like a broken record
Attach are 4 charts
Top left is sp500 with the regression line
Bottom left is CUMILATIVE market barometer
See the obvious bearish divergence,
The top right chart is the macd histogram on volume McClellan osc,
Bottom right is the actual macd lines
(It only went on a buy today)
After this entire advance?
That is a VERY big bad divergence
Ben
Soon
Timing4commodities.com
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