Kid you NOT or SP500 Evil Ways As Of February 20th 2009
Yup…that was THAT post…but I am not going to brag about how good I am, but, what is quite unusual for me, I will talk about how good someone beside mightily ME is…
In fact – knowing (theoretically) that market continues to go up (to 1300 something) and trading against my own analysis does not make me a good trader…it rather makes me a
Anyhow – lets talk about good trader
Fujisan
http://trading-to-win.blogspot.com/2010/02/kid-you-not-or-sp500-evil-ways.html#comment-35772434
![2010-04-23_1805 2010-04-23_1805](http://lh3.ggpht.com/_3yZMBZVLOQw/S9MJWywYQbI/AAAAAAAACiU/Wqeu5nZ0Yv4/2010-04-23_1805_thumb.png?imgmax=800)
On the very same day (Feb 20th) she did analysis (of something I don't understand…I am one DeMark tracked mind), but her analysis looked pretty…accurate, convincing…and proved to be …ehh…dead wrong…
![2010-02-21_1901 2010-02-21_1901](http://lh6.ggpht.com/_3yZMBZVLOQw/S9MJYhf0SAI/AAAAAAAACic/bXP5r7JXv9g/2010-02-21_1901_thumb%5B2%5D.png?imgmax=800)
http://content.screencast.com/users/Fuji-san/folders/Jing/media/bec68652-2bbc-4a6f-b46a-1388cc02c0f7/2010-02-21_1901.png
But hear me up – did she pay any attention to her
Moral – if we wrong (and we are wrong a lot) – cut your damn losses/position/change mindset and go on with trading life…or stop trading if you cannot do that (have to admit – as I age it is becoming more and more difficult to recover from mistakes mentally and financially)
Now back to my usual DeMark-ian mambo-jumbo
Here is an updated (Kid you NOT or SP500 Evil Ways As Of February 20th 2009) chart – do not take it literally – this is JUST A CONCEPT with the final destination for up ugly leg we are in.
![2010-04-23_1808 2010-04-23_1808](http://lh5.ggpht.com/_3yZMBZVLOQw/S9MJavlDdCI/AAAAAAAACik/d7Gax0bqv7s/2010-04-23_1808_thumb.png?imgmax=800)
![2010-04-24_1030 2010-04-24_1030](http://lh5.ggpht.com/_3yZMBZVLOQw/S9MJdaIA-6I/AAAAAAAACis/Up_nJIX1f60/2010-04-24_1030_thumb%5B1%5D.png?imgmax=800)
Really wanted to plug video here with detailed analysis of my as wrong as possible trading of Thursday's selloff, but it will be too much for one post – remind me and I will do that video – loss could have been avoided very simply…it is always something simple – is not it?
P.S. Guest posters – please coordinate with me when you will write/post so we would not post 3 posts within 2 hours – that would diminish the whole idea of keeping blog busy. As of now I have 1 post which I will publish Sunday night/Monday morning (THANK YOU Leisa!!)