"Gary Biiwii's Notes From The Rabbit Hole - a weekly commentary that uses technical analysis (with a lot of ratio charts) to create a macro view of the overall markets and individual markets. Often ends up with a summary of "I'm not sure what's going on". I think I've learned a lot from Gary, but I do not closely follow his individual calls. However, if I'd paid more attention to him last year I would have had a much better year because he correctly perceived that Gold was way, way overbought last August and I didn't. So, I'm still hanging around learning."
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The thing is though, there are times - like heading into this week for example - when a lack of conviction is what is called for. TA does not predict. It defines parameters for a series of 'if/then' statements and keeps you in the game.
As for the macro stuff, I am all about the intermediate turns and on any given week I will display for readers my lack of surety as to what will happen in the coming days. But NFTRH nailed the October Pivot bull turn after grinding around the bottom for weeks and intends to be on top of and appropriately nail current affairs as well; whatever they will be. Of that I am sure. ;-)
BTW, I mean no wise guy stuff with this post. I can see Doug's point and I continue to struggle with trying to be clear and decisive on a weekly basis (and in email updates) but my discipline often precludes easy answers. Is what it is I guess. But there is always room for improvement, which is what I constantly try for.
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