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I don't know but in spite

Posted by nayan32 on 13th of Oct 2018 at 03:07 am

I don't know but in spite of having 22+ technical systems,  studying & analyzing  zillion plus charts, you never even got a hint of the massive downside move of a whopping 160+ handles in S&P coming. Not only that , you were bullish before the downside move started and that you initiated 2 more bullish positions during this downside move. I don't think I will ever subscribe to your newsletter again after my subscription expires. Better yet, you can refund my remainder of 6 month subscription. I have been in the market for about 20+ years and have gone through and traded 2 stock market crashes. So I do understand stock market very well. Thank You.

Regards,

Nayan Shah

Reply:  Do NOT confuse the SPY System with our Newsletter Analysis of the Markets.   Your previous comments in September indicated some confusion and Matt responded and said to avoid trading this system WITHOUT a clear understanding.  We acknowledge that the system trade has led to draw-downs (it has several times in the past as well) and that's why one must accept the system or avoid trading it but our analysis was far from bullish which you would have recognized if you took time to listen to all the newsletters. 

The SPX Wedge was drawn and shown multiple times PRIOR to the decline.  Also you clearly didn't listen to my comments about the VIX Weekly BB's contracting and expecting a larger move over time. 

https://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=15&id=p47716059604&a=592740180&listNum=61

what are you talking about? If the system triggered a sell signal, why did the system not sell during market hours and inform us. Even after close, the system still could have sold the SPY and gone cash and informed us.  Then we can use the signal from the second system to sell short SPY. Why it has to be  complicated?  Basically this tells me the system did not sell although it triggered a sell signal when it should have and the same time should have informed the clients. 

Hello, Is there any update on

Tuesday Newsletter

Posted by nayan32 on 1st of Aug 2018 at 04:55 am

Hello,

Is there any update on this trade ?

"System entered long position in SPY at $279.90  on  Mon, Jul 30."

Regards,

Nayan Shah

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