this are typical analyst statement. If KarlA decided to liquidate his position based on it, it is solely his skills and not the analyst’s. I can also see he joined back on a strategy for YM when it almost reached the previous peak around november 7- presumably anticipating the analysts 2880 call.
What I dont understand is why someone like KarlA needs to subscribe to systems if he decides by himself when to sit out and in. Results he get is only because of his own reasonings and not on the skills of system creator. I am intrigued.
If market is today at 2750, a typical analyst statement is
“if market goes up and stays above 2780, we might see 2900 soon
if market drops below 2720 and stays below 2720, we are going to retest 2600”
do you really need a analyst to make that statement ?
no analyst will say anything concrete - they will always say both sides and of course they will be right one way or other
sorry for hijacking this thread. that will be my last comment here!