"My wild guess is 908-910 to be the lows- but that is nothing more than a wild guess. It could as well be something like 915 if the thick magenta rounded bottom plays out. 905 imho is the second worst case. 89x is the worst case.
Below watch out."
This is a direct quote from a 20 year plus commodities trader, Id consider an "expert" in what he does.
THIS IS NOT DIRECTED AT JOHN.
I feel people are misunderstanding some of the dialogue that goes on sometimes. Uncertainty is a given in predicting movements. Traders dont invest, they try to predict and time price movements. Investors buy and walk away. If your a trader, and actually care how the price moves from day to day, or intraday, then this kind of talk is going to be typical and useful. I dont talk in absolutes, nor are my opinions facts, nor does Demian, or Brandon. Ive seen an expert gold trader change his mind twice in 30 minutes. You only have to be right the LAST TIME.
And there is a ton of useful information in that first sentence of the post by that trader. If your a trader, your not going to call this gentleman out for being wishy washy. That would show your not a trader, your an investor, and probably should stay out of said discussions. It may be really frustrating to someone who might not be a trader, vs. an investor, but since intradday sirius thread, one of the jobs is to monitor the stock price, level 2 action, etc... Get used to it. People are trying to make sensitive financial decisions.
You let people be aware of dangers in charts, volume, news, anything you can find to help someone.
Quote.." Its going higher."
Translation"In this traders opinion, the price is going higher. Its not a guarantee, as traders reading this know that. For someone to say you said it was going higher, and then write 5 posts blasting that person isnt going to do any good or be helpful.
Just a few thoughts.
I thought this thread can help us locate traders vs. investors in Sirius and we can talk short, medium, and long term price strategies.