|
PureBytes Links
Trading Reference Links
|
Steve,
Thanks for the info on candlestick patterns. Very interesting.
What do you call the pattern when you get a hanging man and a stick
sandwich in sequence?
Ian Burgoyne
Steve Karnish wrote:
>
> L. Peterson,
>
> Many of us are on other list and many of us will move to a new
> list. I'm a big 1st amendment kinda guy, but I don't quite
> understand your logic. The "new" list can talk about cowboys
> and sheep, as far as I'm concerned...as long as they're not
> Republican sheep and Democratic cowboys. Get my drift, pardner?
>
>
> Everything that happens, every moment of everyday, gets
> reflected in the price. So many events ... so little time to
> discuss them all. This list was designed to facilitate our use
> of the MetaStock software. Please, tell me how this political
> discussion has helped you trade. Why discuss the fundamentals?
> I'm not saying that a lot of people don't really derive a lot
> of satisfaction from expressing their opinions about the current
> US political situation...but is this the correct forum?
>
> Why don't we spend a week or so discussing Mad Cow disease and
> it's affect on the live cattle market? Hey, how about Alan
> Greenspan's sex life (he seems to have more influence on market
> movement than anyone)? "Funkymental" things happen everyday and
> influence every market. The big problem is that, many times,
> they have very little predictive content. Hang around the
> commodity pits the morning before a large USDA report and
> everyone will predict what the report is going to say and how
> it's going to affect the market. The report comes out, (let's
> say it's wildly bullish compared to predictions), and the market
> goes down. The "talking heads" and the "regurge anal-ist" make
> up a justification at the end of the day for why a bullish
> report led to a limit down day. The market could care less.
>
> Pontification of the fundamentals is nothing but mental
> masturbation. You can have well researched opinions about the
> market and you can speculate about future movement based on
> those facts/opinions, but the markets go were they want to go.
> Formulas allow us to quantify history and better understand how
> a market has arrived at a certain point. If you are skilled in
> aspects of technical analysis and practice superior money
> management skills, maybe you can extract a couple of bucks from
> these markets.
>
> Gann, Elliot, Fibonacci, Murphy, Wilder, and Nison are not
> Clinton and Starr. The first six made significant contributions
> to the science of TA, the last two a self serving, scumbag
> attorneys, who will both receive millions when they write their
> subjective versions of the "facts" .
>
> I know how to use my delete key, but I'm starting to worry about
> the flat spot on my forefinger. I'd like to think that my
> "threat" to post more limericks slowed the flow of the debate.
> I do have another idea: How about political limericks that
> teach us how to trade the market?
>
> Finally, to make candlestick analysis more palatable to this
> forum, I'm renaming the candles and will now be calling them
> "cigars". Candlesticks are four centuries old and this wisdom
> foretold the current political crisis. I've made a list of
> actual formations. Now you tell me, how did the Japanese know
> about what was going to happen? They couldn't have named these
> formations without having knowledge of this scandal. Here's a
> few of the names...you be the judge:
>
> Abandoned Baby
> Belt Hold
> Concealing Baby Swallow
> Dark Cloud Cover
> Engulfing
> Falling Three Methods
> Hanging Man
> Low Price Gapping Play
> On Neck
> Rising Three Methods
> Shooting Star
> Stick Sandwich
> Thrusting
> Tweezer Bottom
> Upside Gap Two Crows
>
> I promise, on my Steve Nison book, that if any of the new list
> will consider me as a member, I will never mention lawyers
> again...Shakespeare was right.
>
> Steve Karnish
> CC
>
> ----------
> > From: L. Peterson <lpeter@xxxxxxxxxx>
> > To: metastock@xxxxxxxxxxxxx
> > Subject: Re: ENOUGH IS ENOUGH !!
> > Date: Friday, September 18, 1998 12:21 PM
> >
> > When I signed up for the Metastock mailing list I received a
> welcome
> > e-mail that included the following:
> >
> > "This list is for users of Equis International products. It
> consists
> > of a group of users from
> > around the world. This group of users will help other members
> utilize
> > Equis products as well as
> > discuss issues related to investing. Equis International does
> not
> > monitor this list in that we
> > do not prevent messages from members of the list from being
> posted to
> > this list. However, any
> > member using profanity , racial or ethnic slurs, or other
> > inappropriate language will
> > immediately be removed from the list."
> >
> > I applaud Equis for the minimal monitoring of this list. When
> the new
> > list begins, are all charts going to be banned, is discussion
> of Gann
> > going to be forbidden, is political discussion taboo, etc? I
> > personally feel that Metastock is a charting program, but I
> also know
> > some are offended when they receive charts. I guess that
> somebody
> > has now determined that possible impeachment of the President
> is not
> > an "issue related to investing". Perhaps somebody can clarify
> the
> > relationship between politics and TA. Do you believe a
> political
> > event is never reflected in a chart?
> >
> > My vote is cast for no censorship except as Equis states
> above. The
> > delete button and unsubscribe are still available to those who
> want
> > them. And if you want to be told what you can discuss, move
> to the
> > new list.
> >
> > -----Original Message-----
> > From: Onno Goedknegt <goedkneg@xxxxxx>
> > To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
> > Date: Friday, September 18, 1998 1:40 PM
> > Subject: ENOUGH IS ENOUGH !!
> >
> >
> > >And I don't give a f*** about this kind of stupid Clinton
> > discussions.
> > >
> > >
> > >At 09:38 17-9-98 -0400, you wrote:
> > >>I'm not interested, as a matter of fact I really couldn't
> care less
> > what the
> > >>European think.
> > >>
> > >>
> > >>-----Original Message-----
> > >>From: owner-metastock@xxxxxxxxxxxxx
> > >>[mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Patrick
> Gamble
> > >>Sent: Thursday, September 17, 1998 3:13 AM
> > >>To: metastock@xxxxxxxxxxxxx
> > >>Subject: A European view.
> > >>
> > >>
> > >>If you are interested in how the rest of the world sees the
> Clinton
> > >>situation, here is an article from the London 'Times', a
> right wing
> > >>newspaper
> > >>in European terms.
> > >>
> >
> >>http://www.sunday-times.co.uk/news/pages/Times/frontpage.html?1
> 31328
> > 5
> > >>
> > >>The author is one of the most respected analysts in this
> country.
> > >>
> > >>I hope you are all looking forward to seeing your President
> > humiliated
> > >>before
> > >>the world for political gain.
> > >>
> > >>
> > >
> > >
|