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Steve, does the "CCT" after your name stand for "Can't Communicate Tactfully"?
Just wondering...
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From: Steve Karnish[SMTP:kernish@xxxxxxxxxxxx]
Sent: Tuesday, September 15, 1998 5:02 PM
To: metastock@xxxxxxxxxxxxx
Subject: Cigar Tricks with Larry, Moe, and Curley
John writes:
"I'm surprised I havn't heard from any of the candlestick
affectionados."
Ron writes:
"Shaven Curly/Moe/Larry candlestick or something".....
This MetaStock list is just full of laughs. Ron, you are a
natural. Keep that humor rolling in. People are really getting
uptight as we edge toward "1067 and the triple witch." I
realize most people on this list have been preoccupied with
"cigar tricks" since last Friday (boy, it sure has helped me
trade a whole bunch...thanks to everyone for their subjective
opinions about the political situation, it's very helpful when
timing in and out of trades), but, I thought I might share with
you some real trades, from my real portfolio, (you know, kinda
like Harley does everyday. And Harley, if you're out there, I
think your post are great...keep sharing your unique views with
us...as I've said in the past: you are both amazing and
amusing).
The Three Stooges of Trading:
"LARRY": You guys are gonna laugh at this one. Me and a bunch
of traders named Larry, went long Dec Can $ on 8/31 @ 63.60.
They made us cough up $608 in margin money and today I think it
closed @ 66.61. A 3K profit, I just can't stop laughing.
"MOE": Here's a real knee slapper. Long Dec Wheat @ 254 1/2
on 9/3, and today it closes @ 2.68. Almost $700 on a $675
margin in 8 trading days. Chuckle, chortle, chuckle.
"Curley": This might turn out to be the funniest. Short Dec
Cocoa on 9/11 a@xxxxxxxxxxxxx's close was 15.63...$570 on a $700
margin in three days. Ha, ha, ha, ha, ha.
Boy, howdy, are we having fun now? These candlesticks are just
the best laugh I've ever had (with the exception of these really
funny zippergate post that continue to appear on an hourly
basis). Everyone on this list, who I email directly, can attest
to these incredibly "funny" trades. We laugh about them almost
everyday.
Well, my belly's hurtin' from laughing...I'll let you really
funny guys get back to twirling your cigars, daydreaming about
Monica, and criticizing things that you probably don't
understand (hey, isn't that the ameriKan way)? For those of
you who are DISAPPOINTED that a politician (and my god,
especially a president) lied to you and everyone else...come
on....don't get me laughing again! I can't take more jokes
today. You guys crack me up.
Steve Karnish
CCT
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> From: Johnonetoo@xxxxxxxxxxxxxxxx
> To: metastock@xxxxxxxxxxxxx
> Subject: Re: Weekly Pick
> Date: Tuesday, September 15, 1998 9:18 AM
>
> Glad you enjoyed it. I agree this list needs to lighten up!
>
> I'm surprised I havn't heard from any of the candlestick
affectionados.
>
> ... John
>
>
> Ron Sanders wrote:
> >
> > "Shaven Curly/Moe/Larry candlestick or something".....ROFL
LOL...I have to
> > tell you I almost couldn't stop giggling all night after you
relayed your
> > discovery of the "holy grail of candlesticks". I'm
surprised I havn't heard from any of the candlestick
affectionados.
> >
> > Thanks for the humour...after seeing a few of the posts
lately a few need
> > to lighten up!
> >
> > At 10:30 PM 98/09/13 -0700, you wrote:
> > >Jim, Bill...
> > >
> > >I have to agree with you guys on the Candlesticks signals.
I have tested
> > >them extensively and found no real advantage to using them.
I suppose
> > >that they may be valuable to a discretionary trader looking
at the chart
> > >but then again, they didn't test out with any advantage so
that
> > >shouldn't help. I too have wondered when I see someone with
trading
> > >success saying they work. Candlesticks and their patterns
are just a
> > >clearer visual depiction of individual bar patterns, if we
do pattern
> > >analysis/system design using O,C,H and L it's really the
same thing only
> > >bar charts are simpler. A good example might be buy when
C>(H+L/2), is
> > >this a candlestick? If I said buy when C>(H+L/2) and C=H
that may be a
> > >"Shaven Curly/Moe/Larry" candlestick or something but not
as robust as
> > >the former. As a position trader, I personally see alot of
intraday
> > >action as noise, I don't want to emphisize that with
candlesticks(this
> > >would not be true if I were watching real-time intraday
charts). Anybody
> > >have an explanation/thoughts?
> > >All this is simply MHO :-)
> > >
> > >... John
> > >
> > >Bill G Bolumen wrote:
> > >>
> > >> Jim,
> > >> I have to agree. I also tried Candlesticks for about 6
months with
> > >> both Telescan and Metastock and was unsuccessful
generating any
> > >> reliable signals although some people swear by it, I have
yet to see
> > >> it demonstrated consistently. Even as an additional
indicator, I
> > >> completely stopped looking at it.
> > >> Good luck this week.
> > >> Bill
> > >>
> > >> -----Original Message-----
> > >> From: Jim Greening <JimGinVA@xxxxxxxxxxxxx>
> > >> To: metastock@xxxxxxxxxxxxx
<metastock@xxxxxxxxxxxxx>
> > >> Date: Sunday, September 13, 1998 3:39 PM
> > >> Subject: Re: Weekly Pick
> > >>
> > >> Guy,
> > >> I have Nison's book on "Japanese Candlestick
Charting
> > >> Techniques" and have tried to follow/use some of the
> > >> formations with no success what so ever. I even
tried some
> > >> systems with candlestick formations, but didn't get
good
> > >> returns. I'm convinced that there may be something
to it
> > >> and even use the Candlestick charts, but so far it
just
> > >> hasn't soaked in <G>.
> > >>
> > >> Jim
> > >
> > >
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