Correcting the Record
From another thread: “Jordan has done a complete 180 and acts like he saw the bottom coming.”
To be clear, in early to mid December I said PMs would have a 2-month rally. Then when Gold sliced through support after the Fed meeting, I raised the possibility of a move down to $1080-$1090 before the rally would begin. You can see this in a Dec 21 video titled “Rally Coming but When.”
In a Dec 26 premium update I noted the bullish hammers on weekly charts of many miners and called for the sector to rally.
In a Dec 28 flash update I called for a bigger rally in the sector and for GDXJ to get to 36. It was trading at 30 at the time. It exploded the next day. Lucky timing.
In a Dec 29 public video titled “Oversold Bounce Takes Hold” I noted the potential for GDXJ to rally up to 40-41.
Granted, I didn’t publish anything publicly around XMas when the alternate scenario was put off.
I’m not one to beat my chest because that serves no purpose. If you’ve followed my work for a while you know I admit when I’m wrong. However, upon review, Graddhy’s claim is totally off base.
I’m sure things were said in the heat of the moment Jordan. I follow your work regularly and listen to your appearances at palisade radio etc, I know you’ve been warning for a while of potential scenarios etc…but you did expect this bounce long before it occurred. As ever appreciate your insights.
Jordan,
The guy is a waste of time and simply like to disparage others . . especially those who have websites. As Franklin said:
“Any fool can criticize, condemn and complain and most fools do.”
That guy would be me. As you go at it again I feel I have to comment.
As I have said multiple times, I do not care about your work, I do not care about your results, I do not care about your website and I do not care about if your calls are brilliant or dead wrong.
What I do care about and have commented on though, when you came on to me after having misread a word in my comment, is your more than dreadful attitude and your uncivilized behaviour, nothing else.
You talk about people here are going after you and mistreating you, that is not true, as also Fully have said repeatedly. But what is true on the other hand is that you do it to others when they have an opinion about your work or react on your behaviour.
You try to be intellectual with quotes but you can´t handle when people here question your behaviour.
As I have said, you are twisting and turning things out of place, that is the way you discuss.
And let´s be very, very clear on one thing – I have never ever disparaged anybody here whatsoever at any time, I do not do that in life.
The end, I hope.
Jordan 100% agree. Your work and your presentations are always appreciated. I am sorry you got dragged into this fray and am glad you set the record straight. Emotions were out of control on that thread. You have clearly been expecting this rally and also clearly it may be just a bear market rally. Personally I am not sure it is anything more yet…Bulls have more to prove .
Regards
Fully
My emotions where in perfect control in that thread, which would be very obvious for those that read it. The thread was not about Jordan at all though, I just happened to use him as an example, backing up Fully in his comment.
I really do like your work and I was a subscriber for a year or so a while back.
But I stand by my sentence. You were pretty clear in one of your videos about that you only saw more downside during a couple of weeks before the correction bottom in Dec. Then maybe a week ago you posted a link here to an article at seekingalpha which I read and at the very beginning there you said something along the lines of that we got the rebound which was expected. My take was just that it did not quite add up.
I might of course remember it incorrectly, but I do not think so.
But that aside, I like your work. And, I am sorry that I mentioned your name at all really in that thread as you are in a very different league compared to the one that had done that post, both regarding your content and especially regarding your pleasant attitude and behaviour.
The end on this from my side.
Personally, I find great value in Jordan’s timely updates. I can only hope this does not prevent Jordan from sharing his important perspective. As traders, it is up to each and everyone of us to use our “own due diligence”. Whether that perspective is EW, time cycles, moon cycles, sentiment indicators, etc. I confirm each and every one of my trades with price action and my own traditional chartology. Even then this does not guarantee a profitable trade–but I gave it my best shot. Move on, wait for the next set up. Arguing does nothing but distort my focus…
Jordan, your work is timely, professional, honest, accurate. I look forward to your posts with eager anticipation. Please, please carry on.
Just a note for the record here, Jordan emailed me and all is sorted and good now. All is well.
Excellent