Confusion Only For the Latecomers! July 8, 2011

[Pierre Brodeur]

Pierre & all,

Let me know if the GDX cluster chart and commentary are a distraction....
...
.. Just give me some feedback on this.
Billy

Billy,
I consider your daily commentary as a "market awareness" comment and therefore I would also see a lot of value if and when you added other markets from time to time when you feel there is something we must be aware of in terms of S/R clusters. The SPY and QQQQ come to mind as for me they illustrate another "quasi independant" section of the market of different interest to the main IWM sector or Large, Tech, Small Cap.

Pierre

P.S.: Our time is precious and something that keeps bugging me is these posts with long quotes at the end of the message which reappear every single time...! Would it be possible to stop that practice which I feel is a distraction. Now I feel better [lol]

[sesorensen]

just a quick note on S/R pivot points cluster strength, etc.

It would be great to have information that is obviously relevant to our trading. If the pivot point s/r is of limited relevance to trade the GDX then it would be an advantage not to have them presented...

as a newcomer, I consider all info coming from our "gurus" (Pascal, Billy, etc.) is of relevance for our trading... thus naturally put emphasis on fx. the s/r pp CS for GDX (in case i trade discretionary and not necessarily within the robot framework). Probably - as proposed by others - it would be more interesting to apply s/r pp, CS to major indices (SPY, QQQ, etc.) where close correlation exists between them, and we can use the s/r pp CS info for trading those indices.

Also agree to eliminate the long "quote" entry before a message.... the thread title should be sufficient to follow what is going on...

best, sorensen

[barbados11]

"Let me know if the GDX cluster chart and commentary are a distraction."

I'd prefer to keep them.