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re: Dont let today's fools gold fool you.

Posted on 10/14/11 at 12:54 pm to
Posted by JPLSU1981
Baton Rouge
Member since Oct 2005
26233 posts
Posted on 10/14/11 at 12:54 pm to
I don't dislike you. I just know that over time your strategy and your short-term trading endeavors will cost you $$$. And moreso than the your crystal ball predictions in-and-of themself, I don't like the way that you present it as a "no lose, this will happen, mark my word" strategy to everyone on this board, most of which don't have any background in finance and investments (and ironically, neither do you as you admitted) and they might tend to follow your advice.

If you continue like this, You might very well make some money at some points and you will certainly occasionally be right...but in the end, you won't make as much as you would have without it.

The funny thing is... I really think you believe that what you are saying is the "correct, failproof" way to proceed. Dude, if you were rolling in cash the last few months like you've led everyone to believe because of your crystal ball, you wouldn't be playing in the mud here at the TD.com money board. You'd be sitting by a beach somewhere, and you most certainly wouldn't be sharing your successful strategies with total strangers. Again, usually the loudest person knows the least.


And just in case this got lost in the shuffle and/or edited since you originally posted it, this is a great example:


quote:

(Posted by Baylor on 8/11/11 at 10:26 a.m.)

So the next thing to look for is the 1180 mark, and at the very highest the 1195 mark.

Thats the point where you can expect the next free fall.

He does not see anyway that we can reach 1220 again.

So another words, the new top before hitting absolute bottom cant reach 1220.

So this means we wont see 1220 again for several years.

This is great bumping material for the haters.

Here it is.

You will not see over 1220 reached again until after it goes below 800.


Bookmark that statement.

I cant be anymore clear then that.

That is about as precise of a prediction as you will ever read on a forum board.

Basically predicting it to go up to 1180, but at the same time have no chance of going beyond 1220.

We are only talking 40 points here.
Not much margin for error.

It is possible that the 1180 does not get reached, but it is not possible that the 1220 will get reached.

Not until after we hit absolute bottom.



This post was edited on 10/18/11 at 10:58 am
Posted by LSURussian
Member since Feb 2005
126929 posts
Posted on 10/14/11 at 2:13 pm to
quote:

Here it is.

You will not see over 1220 reached again until after it goes below 800.

It has now gone over 1220 four times since he made that statement, including two out of the past three days.
Posted by Chad504boy
4 posts
Member since Feb 2005
166082 posts
Posted on 10/14/11 at 2:17 pm to
1% margin of error. Duh.
Posted by Chad504boy
4 posts
Member since Feb 2005
166082 posts
Posted on 10/14/11 at 2:34 pm to
1
Posted by Chad504boy
4 posts
Member since Feb 2005
166082 posts
Posted on 10/14/11 at 2:35 pm to
2
Posted by Chad504boy
4 posts
Member since Feb 2005
166082 posts
Posted on 10/14/11 at 2:35 pm to
2
Posted by Chad504boy
4 posts
Member since Feb 2005
166082 posts
Posted on 10/14/11 at 2:35 pm to
4
Posted by C
Houston
Member since Dec 2007
27816 posts
Posted on 10/14/11 at 2:48 pm to
quote:

It has now gone over 1220 four times since he made that statement


7 times by my count. Aug 30 and 31, Sept 1, 16, and 20, Oct 12 and 14
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 10/14/11 at 3:11 pm to
Stupid hedge funds pinning the value of the S&P 500.
Posted by Teacher
Member since Sep 2006
3060 posts
Posted on 10/17/11 at 9:49 am to
quote:

The regulars here all treat each other with a lot of respect


True, but it is hard to break in as you all seem to gang up on new people.
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 10/17/11 at 10:04 am to
Not true at all. There's two people in this thread who post here often that are hammering over and over again the same stupid shite. There's two other people here who keep saying how stupid the thread is in general, not the OP itself. Then there's two or three other people posting who are just inquiring. Now, is there the occasion where every one will pile in on someone dumb? Yes, but usually only in the case where they are 1) clearly wrong and 2) continue to argue despite being clearly wrong. I don't see any issue with that.
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 10/17/11 at 8:05 pm to
I think I'm going to move to the mountains and become a ski guide.
Posted by Flashback
reading the chicken bones
Member since Apr 2008
8295 posts
Posted on 10/17/11 at 8:37 pm to
Baylor's friend said the market would probably test 1220 again before it went on its downward spiral. That has seemed to have happened. Let's see what happens next...
Posted by djmicrobe
Planet Earth
Member since Jan 2007
4970 posts
Posted on 10/17/11 at 11:05 pm to
Are you Baylor's girlfriend?
Posted by Chad504boy
4 posts
Member since Feb 2005
166082 posts
Posted on 10/18/11 at 9:05 am to
quote:

Let's see what happens next...


If it stays within the range of 900 to 1233... Baylor would be so on the fricking money. That guy is a prodigal genius.
Posted by Pierre
Baton Rouge
Member since Nov 2005
5278 posts
Posted on 10/18/11 at 9:14 am to
I'm followed Baylor's advice and I'm lightn' dolla billz on fiya, y'all!

edited: Baylor's Buddy's advice

edited2: to possessive nouns together doesn't look right. can I get a ruling from the grammar bots. thxkbye
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 10/18/11 at 9:19 am to
quote:

to possessive nouns together doesn't look right. can I get a ruling from the grammar bots. thxkbye


legit, but you spelled two incorrectly.
Posted by Pierre
Baton Rouge
Member since Nov 2005
5278 posts
Posted on 10/18/11 at 9:24 am to
quote:

legit, but you spelled two incorrectly


Posted by Blakely Bimbo
Member since Dec 2010
1183 posts
Posted on 10/18/11 at 9:41 am to
So far Baylor's friend has been pretty close. Looks like 1220-1230 (closing) is the upside resistance. I know Elliot wave guys who are counting upside 1240, 1260 and a guy who has been pretty accurate who says we will go back to 1280 resistance.

The trouble with Elliot Wave is that the counts are all over the place. It gives me a head ache to hear the number and alphabet count; too hard on the brain. EW's tend to argue over the count too.

Keep posting Baylor, I'm reading your posts and I ain't going to nitpick your adjectives.

Posted by C
Houston
Member since Dec 2007
27816 posts
Posted on 10/18/11 at 9:55 am to
Here are Baylor's Buddy's predictions for those that keep moving the goal posts:

quote:

So the next thing to look for is the 1180 mark, and at the very highest the 1195 mark.

Thats the point where you can expect the next free fall.

This was over two months ago. Obviously not calling for a "range" as we have seen since. He is calling for a "free fall". In later posts in the time period, he said it would occur over the next few weeks. It did not happen.

quote:

It is possible that the 1180 does not get reached, but it is not possible that the 1220 will get reached


He even left an out that it might not go up at all before the free fall.

If you are making money on this, it's not because of Baylor's buddy told you it would be in a range, it is because you recognized the range and have sold your shorts every time it reached the lower 1100s. Otherwise the last two months would have been pretty stagnant as we have not moved much.
This post was edited on 10/18/11 at 9:56 am
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