Ursus A. Horribilis wrote:
i didn't understand what you were saying but was willing to watch and learn and see what happens. It doesn't appear that skelly understands it either or is willing to do as I am.
He's just convinced that you are full of **** but you're gonna have to prove it to me.

Here's what the head and shoulder pattern looks like:
This is what the stock market looked like before the huge crash a couple of years ago. A few months ago... it looked like this pattern was forming again and moron technical analysts like CitadelGrad jumped on it and started preaching that the stock market was about to collapse. The thing is.... it didn't turn out the way they predicted.... and it's grown several shoulders since then.
As it turns out..... the stock market goes up, down, up, down, up, down, quite a bit... well, pretty much all the time. You can look at any time period and find a "Head and Shoulder" pattern if you want to.
Here's just all the "Head and Shoulders" patterns in the stock market since January. You could continue this back in time ad infinitum. Orange and red are ones that have already passed. Blue is probably one forming now... that CitadelGrad is sure forecasts a crash in the stock market.
CitadelGrad has been saying for 4 or 5 months that the stock market is on the verge of crashing again........ But, it never happens. Keep taking him seriously if you want.
