If you get your news from Bloomberg, Yahoo, AP, and other traditional media,
you are reading yesterday's news and entering yesterday's trades.
During the past weeks, we have had incredible market calls by our users:
elliottstudent called for a correction to start on Wednesday Feb 27, David
Elliott called for the correction with more accuracy 1 day later. Autotrader
gave a buy signal for EOG and CRM that same day; both stocks are up 8% (even
after the general market fall since that day).
Yesterday, both David Elliott and elliottstudent called for a bounce.
Elliottstudent was specific enough to call for a bounce of the Dollar against
the Yen and the Euro. Today, Bloomberg had an interview saying how the Dollar
was to keep falling against the Yen... Based on the USD/JPY trade
elliottstudent posted, he must be over 100% up on his margin.
I myself posted that I saw a correction in the working for the Eurodollar
and I am up 50% as of today.
Why it works? Because we are creating a great community of great traders who
make money and do not mind helping others make money. I personally despise the
circus of Wall Street "experts" and I distrust the traditional media.
Open your free account today and start blogging your trades. If you do not
want to blog, visit and start a discussion on our forums (we were told that
they look empty, and they do).
Enjoy the site!
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Last update : 14-03-2008 18:37
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