Todays fall makes us wonder and in a sense give in to the most human weakness of gloating!
We feel like saying we said so, but the reality is something else. We just got lucky.
We are sure the market will have the last laugh at our expense though.
Now we will have the Elliot wave counts and Gann's Theories all thrown at us to buffer the bullish or bearish view of the proponents.
Maybe with a bit of astrology thrown in too. We prefer to let the market inform us about where it wants to go, the old tested way of trend lines
and the over all gut feel we have acquired over the years. It has served us well and we prefer not to meddle with it.
We would welcome the ideas of any other theories, but we prefer to focus on profits rather than the theoretical under pinning of our methods.
Let us see where we go from here.
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