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Re: Cigar Tricks with Larry, Moe, and Curley



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Steve,

Just to say how glad I am you crawled out of your Idahole...

I wonder... CCT... AHA!!...Champion Commodity Trader.

Best wishes,

Frans


At 14:02 15-09-98 -0700, you wrote:
>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  
>----------
>> 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
>> > >
>> > >Content-Type: application/octet-stream; name="LARRY.gif"

>Content-Description: Larry (GIF Image)
>Content-Disposition: attachment; filename="LARRY.gif"
>
>Attachment Converted: C:\Eudora\Attach\LARRY.gif
>Content-Type: application/octet-stream; name="MOE.gif"

>Content-Description: Moe (GIF Image)
>Content-Disposition: attachment; filename="MOE.gif"
>
>Attachment Converted: C:\Eudora\Attach\MOE.gif
>Content-Type: application/octet-stream; name="CURLEY.gif"

>Content-Description: Curley (GIF Image)
>Content-Disposition: attachment; filename="CURLEY.gif"
>
>Attachment Converted: C:\Eudora\Attach\CURLEY.gif
>