correction getting much closer now., page-127

JWM,

Experience and logic are not sufficient on the XJO thread.
You need to speak the XJO thread lingo.
The following can assist you :

XJO thread : Glossary of terms
-------------------------------------

#1 - I have just shorted the SPI = I have picked the intra-day low
#2 - I have just gone long the SPI = I have picked the intra-day high
#3 - I am out of my SPI trade = I have managed to contain my losses to half my trading account
#4 - CMC are crooks = I have just had another losing trade
#5.1 - The markets are rigged = The pros know their customers
#5.2 - The markets are rigged = I have just closed my 357th consecutive losing trade
#6 - The US market looks weak = The US market is headed for a record high close
#7 - The US economy has had it = US GDP records greatest increase in a generation
#8 - Most indicators are positive = The market is headed for a correction
#9 - Most indicators are negative = Global markets rally
#10 - I have a 99% successful trade record = I can tell what trades would have worked yesterday
#11 - This must surely be the market top = I enjoy using the cut & paste feature in MS Windows
#12 - I have never seen this in my 35 years trading the markets = I completed a trading seminar last week
#13.1- I am on the sidelines for now = I have completely missed the 30 year bull run
#13.2- I am on the sidelines for now = I like to hide behind bushes and just watch, but I think I am going blind
#14 - I have ClarkKent on ‘Ignore’ = Life is tough enough without having to deal with reality
#15 - It could break out either way = Vague statements always win bragging rights in the post-mortem
#16 - I trade for a living = I am in denial
#17 - I keep reminding ClarkKent that I have him on ‘Ignore’ = It defeats the purpose, stup1d!
#18 - It’s a sure thing = I have unerringly picked the *only* losing trade on the global markets today
#99 - I have NFI = I have NFI
#NA – Some things are simply mind boggling ignorant cr*ap