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Spamwich
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Specialty: Technical Analysis Name: Michael Payne, CEO of No Payne Roofing Inc. Objective: To acquire a network of active market participants who share the common interest of profiting consistently. Experience: Relentless market participation since November 2011
My company:
No Payne Roofing Inc
  • $SPY Weekly Revision: Seasoned Spam? 0 comments
    Feb 28, 2014 6:26 PM

    As explained in my bio, I was a trader and analyst on a live trading forum for 2 years, and have come under scrutiny as to weather I am indeed "seasoned". So I must address the critics, the proof is in the pudding, it won't take you long to scroll through my weekly forecasts to see that I've set targets that were met, and my sell signals proved to be useful. I was quick to adapt to invalidation and set new targets that were reached. This was a good week for me no doubt, and should meet the criteria and definition of "seasoned". Anyone who is lacking in experience would not have had these results, this is the bottom line, I've been testing my system for a while now, it works, and hopefully will improve over time...

    After reaching the target zone I stated that I was getting sell signals, and soon after nearly 20 point decline followed.

    (click to enlarge)

    I also stated yesterday that "As long as 1850 holds over night I will expect another push into the target region Friday morning."

    Well not long after that the price came down and touched 1850 to the penny and then proceeded to push well into my target zone.

    (click to enlarge)

    I will conclude this instablog with encouragement to my critics to add me to their following. I value all helpful input, I am a product of my environment, benefiting from the feedback I've received over the years...

    Thanks for reading :)

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