|
PureBytes Links
Trading Reference Links
|
<x-flowed>
Mark,
What do you do if it's a flashing red light?
Dan
>From: Mark Brown <markbrown@xxxxxxxxxxxxx>
>Reply-To: metastock@xxxxxxxxxxxxx
>To: metastock <metastock@xxxxxxxxxxxxx>, Omega List <omega-list@xxxxxxxxxx>
>Subject: The driving force behind technical analysis
>Date: Fri, 11 Aug 2000 13:09:17 -0500
>
>The driving force behind technical analysis, to true life saga played
>out in the hot Texas sun two years ago on a multilane stretch of road
>under construction. As I set parked in traffic waiting for the Lady
>Officer to waive myself and the multitudes of course behind me. I
>thought perhaps she may have fallen asleep behind those deeply tented
>sunglasses she was wearing so I gently beeped my horn just make sure
>if she had fallen asleep I could get her awaken before she hit the
>pavement.
>
>But evidently she in fact was not asleep and did not appreciate my
>actions no matter how good my intentions. As I set there now with half
>of Dallas's population who own cars behind me, I watched three more
>red lights turned green and back to read without moving so much as a
>foot. So in what I thought was the best interest of the general public
>communicate my feelings of claustrophobia both mechanically and
>manually by making verbal sounds with my mouth. Evidently she did not
>have a great appreciation for my concern of her lack of ability to
>perform her given task.
>
>Of all things as a reward for my failed efforts are received a ticket
>issued for disorderly conduct. Having long experience with matters
>like these, I knew it was futile to do anything, other than send it
>over to attorney who was driving a Volkswagen that needed paint 20
>years ago and who's secretaries are now driving Mercedes. So anyway my
>attorney whose a smart lady knows the ropes around the Dallas traffic
>judicial system pretty well. She knows the longer something can be
>postponed the more likely it can be dismissed.
>
>In this case we were hoping that maybe the female officer's live in
>might become pregnant and the officer would need to find a less risky
>line of work to support her lover and baby. ;- ) Or something else
>like that, which would help maintain my absolutely perfect
>non-criminal history. Well there was that one exception back in 1979
>when the Fed's got all upset over an article in Soldier Of Fortune
>magazine. But you're not a real Texan unless you have the Fed's
>investigating you at some point in your life.
>
>As I was driving back for my court victory this morning, I realized a
>couple of things. One is I have a car that is five years old and has
>less than 40,000 miles on it. Secondly I discovered that driving is
>like technical analysis, I mean exactly the same. I will demonstrate
>correlation between the two. Priding myself somewhat as an alert
>driver well aware of his surroundings. I observed that when I was
>approaching an intersection I would immediately start to scope out the
>participants at the red light in front me.
>
>I started to group them first by the most obvious indication that I
>saw which was newness of the vehicle. The theory being if a car was
>smoking from the tail pipe or has dull paint and is leaning to one
>side it probably will not be up to my acceleration criteria. As I
>approach the participants in front of me having accumulated the input
>data and stored it as to the newness of the vehicles etc.
>
>I realized I was on to the next indicator which I rely upon, that is
>the numbers of occupants in the vehicle. The theory been the more
>participants, the more conversation that will have been a less likely
>that will be paying attention when the light turns during - thus again
>not meeting acceleration criteria to follow it. Next I observe what
>the operator of the vehicle is doing, if they're smoking I take that
>into account. If they're eating, drinking are talking on the phone,
>each one of these different inputs is placed into my formula and will
>have a bearing on my decision " who" to lineup behind at that the red
>light.
>
>I then turn my attention to try and differentiate age, this judgment
>is made by the observation of posture, hair color, hair length - and
>oddly enough the make of car. I even go as far as to observe the car
>has door handles are not in the traditional sense, meaning those which
>protrude from the body off the vehicle. Lots of older people by Buicks
>because the one of the few vehicles that is manufactured that still
>has door handles. Of course experience in plays a big hand in the
>dissemination of the information, and has a direct impact on the
>output decision.
>
>A red low-slung sports car does not necessarily become the first
>choice to line up behind, its occupants may be a male and female.
>Under this scenario you still have to evaluate other variables such as
>the age difference between the male and female occupants. Simply to
>say that their male and female does not automatically imply that they
>would be hot lovers who are more interested in each other than
>driving. They could be father daughter just as well, that throws them
>into whole other category. If on the other hand the occupants are
>clearly boyfriend girlfriend - that's one thing. If the male is using
>this cell phone, this would be a larger detriment than if his
>girlfriend was using the cell phone. The distance separating the
>boyfriend girlfriend should also be taken into account.
>
>Items such as bumper stickers, and what they say will have bearing
>upon my decision as I continued to analyze the traffic slowing in
>front of me. Answer me this, why would anyone have a bumper sticker
>that says if you can read this then you're too close? This is a sure
>sign that the driver of this vehicle fully understands that the world
>is passing them by, and they have absolutely no desire to try and keep
>up. On the other hand I fully appreciate those big yellow signs in the
>rear glass which say baby on board. These people truly must be
>recognized for their brilliance.
>
>With one small sign they've accomplished both my goals and their
>goals. There goals are to keep me from pile driving than those of my
>car into the rear end of their vehicle at a speed which he surely
>twice what they are driving.
>
>My goals which they are helping me to obtain is to identify
>slow-moving obstacles which are clearly not conducive to proper
>traffic flow.
>
>I could go on and down about possible various scenarios of infinite
>numbers of combinations of the technical analysis of driving. Just as
>I could about trading, I think if I had to summarize I would say that
>all the input data in the world doesn't matter by itself. Being alert
>and a good observer is quintessential to survival and advancement in
>the human race. Very few people are truly observant and aware of every
>aspect of life and work. So it is in trading the same.
>
>Mark Brown
>
>
________________________________________________________________________
Get Your Private, Free E-mail from MSN Hotmail at http://www.hotmail.com
</x-flowed>
|