Woow! This was meant to be an educative posting, relating to the use of the CRB index as a market indicator!! It looks as if it is gone slightly in a different direction.
Concerning Sally and the iii mailing list.
Sally and myself have learnt on this thread that she had been banned from that list!! She was never notified by iii!!
There were a couple of ther friends who occasionally posted my threads, I believe they have not been affected.
Sometimes people object to technical analysis by saying that everyone can use it and make money. BUT, there is always someone in the market who makes "mistakes" in the same way there will always be investors who are more concerned about speculating who is writing an article on a stock and why he/she/they are doing, rather than concentrating on what is currently being said. Funnily enough, I have been accused many times of spamming, but I do not honestly remember the last time something I had written had been disputed or queried as incorrect, inexact or whatever.
I remain "around" with a view at learning, if possible "teaching", sharing what I believe I have learnt.
In doing so, I have met people on the Net I have ended up developping different kind of relationship, both in public and off-line or by private email.
Since time is a scarcity for me, any time the relationship gives early signals of a "downtrend" or "reversal", as in the most recent case of the iii list, I "cut losses" or "take profit" (in this case, Sally has been unfairly penalized, since the intention was to "hit" Charty, and not her).
You can never fight the trend in life. This is what I have learnt with technical analysis, and if I still enjoy it, is because it is enriching for myself in a different way than the "monetary way" (by the way, anyone knows a reliable estate agent in Bahamas?).
Finally, once more, I would like to express my gratitude to everyone on this board, with an extra thank you to John (ok, ok, He.she is Charty!!), to Dr.Iraj and the promoters of this site.
There is a lesson in the Sally/Charty/iii story, in my opinion. And the lesson is relating to the way people STILL use the Internet. They use it as long as they see it as a "free lunch". Generally speaking, and I am not referring at all to CI, if they only begin to suspect that I may derive an income of $0.02 per hit, they suspect this is a Scam!
The fact that it would not be $0.02 out of their pocket we are talking about here and the fact that..erm..this is not exactly what I would describe as a huge amount of money (by the way, does anyone know who should I contact to request permission to build an airport in my garden?) do not form part of the equation.
With hinsight, I may have made a mistake. After few years giving training to professionals in the "City" on TA, as part of my job description, I should have set up a "consultancy business" on technical analysis and toured the country giving seminars.
If you get $0.02 per hit, it must be a scam, but if you charge £2,000 for a 2 day seminar (anyone knows someone who would produce lousy T-shirts with the logo "I have done Charty's course" on it?), it must work!
Life is never boring! At least when you are Charty
PS. John, I will email you separately
