XJO 0.60% 7,726.4 s&p/asx 200

an indicator discussion..., page-59

  1. 17,444 Posts.
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    Sayonara

    Yes indeed I do exit positions on time alone.

    At the 2003 low I exited on the low day as I knew it was and that time I also had the exact price low as well so it was easy.

    At the July 2007 top time gave me the exact day to exit.

    At the recent April 2010 top time gave me the exact day again. Yes I did exit the day before because I needed to use closing price for funds and although I thought the exact day would be higher I was unsure which day would have the highest close.

    Can I always figure it out? No. But when multiple time factors agree then it is compelling.

    Take Ferrerra's last 3 major turns for the year and consider his turns are made before the year starts.

    He said major top April 12 and we got April 15. Then he said July 3 for a major low and we got July 6. Then he said major top Aug 10 and it was Aug 9.

    His calls the previous year were even more impressive and if that can be done then why ignore them.

    At least time alows you to take a holiday and come back for the turn, lol.

    Talking of holidays, I am about to vanish for a few days.

 
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