Posted by marketguy on 9th of Nov 2011 at 03:14 pm
I know some folks really like this guy but he "also" went to
long term bull, to long term bear now back to neutral after an
almost 200 pt run...gee, I wonder what he'll be next week ...
that's why I've tried to give up reading "any" of them...
I especially like his work because the market is fluid and some
people try to make EW counts much too rigid. He is not
afraid to make his count and then adjust it as new information
presents itself. Some EWavers try to make the market conform
to their wishes rather than their counts conform to the
market.
Posted by marketguy on 9th of Nov 2011 at 04:53 pm
I know what you mean johnc (vs the others ew guys) but I guess
my point is how these guys chg their outlook after a 100+ pt SPX
move....and then on top of it he may end up being right in the
first place
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btw....
Posted by marketguy on 9th of Nov 2011 at 03:14 pm
I know some folks really like this guy but he "also" went to long term bull, to long term bear now back to neutral after an almost 200 pt run...gee, I wonder what he'll be next week ...
that's why I've tried to give up reading "any" of them...
http://caldaro.wordpress.com/2011/11/08/tuesday-update-309/
Caldaro
Posted by johnc on 9th of Nov 2011 at 04:21 pm
I especially like his work because the market is fluid and some people try to make EW counts much too rigid. He is not afraid to make his count and then adjust it as new information presents itself. Some EWavers try to make the market conform to their wishes rather than their counts conform to the market.
I know what you mean
Posted by marketguy on 9th of Nov 2011 at 04:53 pm
I know what you mean johnc (vs the others ew guys) but I guess my point is how these guys chg their outlook after a 100+ pt SPX move....and then on top of it he may end up being right in the first place