Hi Sera,Don't wish to be a party pooper but I followed McHugh...

Hi Sera,

Don't wish to be a party pooper but I followed McHugh for a long time and just gave up. There is no doubt some time he will be right - we all are LOL. For the past 12 months he has been a perma bear and has been predicting the catastrophic wave c down while the market has been having a wonderful run.

Another wave down will come in the fullness of time but it seems we have to complete wave 5 first and in the meantime - just trade what is in front of you in accordance with your trading plan.

I rather think many have lost a great deal of money listening to McHugh - but again - it all depends on your trading time frame