Timing Is Everything?
Over at SA, on Salmo Trutta's Dark Side of The Moon post, a comment was made by none other than the yet to be born King George The Ninth....
Let the markets do the talking. Salmo had his day. It is well passed. If you trade frequently, then take note. I have taken the opposite side of virtually every call that he has made during the last year or so. It has served me well. He says short oil. I am long. He says short stocks. I am long. etc. etc... His insight is valuable. I don't discount it. But just be careful.Our reply to that two faced comment...
Trutta's Seasonal Inflection points in 2018:
#1) 3rd week in Jan.
From 01/29 - 02/09 Nas futures -883
#2) mid Mar.
From 03/13 - 04/04 Nas futures -907
#3) May 5,
05/03 - 05/07 Nas futures +313
This inflection was critical in pulling the Nas up from the mid Mar nose dive to continue the "bull" run.
#4) mid Jun.
06/21 - 06/28 - Nas futures -400
#5) July 21 - but could be late this year...
07/25 - 07/30 Nas futures -370
#6) 2-3 week in Oct. - TBD
Indeed one should always be careful, because nothing and no one is perfect. As the above data clearly demonstrates, the numbers and timing clearly speak for themselves.
Thus, following Proximo, paying attention, learning and knowing how to read the tea leaves, has been nothing but profit.
Meanwhile, judging from your immense commentary (64), numerous followers (2), likes (1) and track record... viz. a supreme example of: if there is nothing good to say....
Take note, in my experience, any other conjecture or suppositions come from those who are poison pens and trolls which know naught, and in which we do not trust, and shall be duly ignored.
Good day.
Interestingly enough, after our post, somebody deleted King G DUH 9th's comment. Proving that indeed one should be careful, of mindless trolls and clueless haters, who know naught.
Salmo mentored us the hard way, we were not spoon fed, and had to learn the axiomatic and cyclical concepts of seasonality and flows, and how to connect the dots, on our own.
As we commented on June 28th and previously regarding Salmo's tutelage...
"The prescience of your axiomatic observations will pay those who took the time to understand, and connect the dots, even greater dividend later this year.
Know where the mark is going ahead of time, never chase, wait patiently, when they walk into the crosshairs, squeeze the trigger firmly.
Elephant tracks indeed, and timing is everything. Again, thank you for not spoon feeding, and making me learn the hard way."Salmo, your tutelage has served me well.
Spaniard
Required reading: Timing is everything and along those lines one should have a peak at Salmo's latest, Darker Side of The Moon.
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