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Oh how nice of you to post that after seeing China/HK/Shanghai already bouncing! Wizard you are!
I posted this at 5:43 PM PST before the market had opened. You can check the tweet for garysavage1 if you like.
Nice try though troll monkey…
Dee, what Gary says is true – I saw this posted prior to the Asian markets opening.
Gary also mentioned it on his daily KEREPORT.com look at the markets.
I find it amazing that people try to undermine Gary and his research here. It is for free for frickin sake, if you don’t like it go somewhere else. I for one am very impressed generally – thanks Gary!!
Don’t treat Gary too harshly. He has to pretend to be close to 100% right to sell a newsletter, when everyone should know that anyone who is even right 70% of the time and knows how to use options would become a billionaire in 10 years and not need to sell newsletters for a living. It is basic math.
Actually the last time I checked I’m at about 65% on my trades. I posted the updated SMT returns for the year just a few minutes ago. Every trade is documented in real time and I don’t ignore losing trades like some monkey boys do. (It’s easy to achieve spectacular returns if one just takes a mulligan every time they have a losing trade. )
These are incredibly tough markets and one now has to try to anticipate central bank interventions in order to trade successfully. Even with that we are outperforming every sector except currencies. So I’d say we aren’t doing too bad.
This market is a nightmare for swing traders, that’s for sure.
Gary, one needs a thick skin to publish financial prognostications on a public forum. You have always done a great job and there are many of us who are highly appreciative of your work. Thanks!