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Adrian, could you be more specific why do state that forecasting isn't
useful? From my novice point of view, forecasting looked like the best
tool you could use to invest successfully.
Thanks in advance.
--- In equismetastock@xxxxxxxxxxxxxxx, "Adrian Pitt" <apitt@xxxx>
wrote:
> Lets assume for a moment that they did pick the day of the crash....
so
> what? How many other times where their forecasts that didn't
eventuate
> in anything. How do you trade these forecasts? They also picked
some
> major highs and lows in the Australian markets many years ago...so
what?
> In practical terms it is of little value for investors or traders.
> Successful people don't make money off forecasts (except the
newsletter
> writers). They make it by trading the reality of the market from day
to
> day, week to week and month to month. All beginner traders should
> forget the notion of selecting a marketer based on how well they
pick
> turning points. Don't waste years of your search by pursuing this
> avenue. While it may have some merit, it is more from an academic
point
> of view than a practical one. By all means go to the presentation,
but
> we aware they are slick and will market to you their wares.
>
> Adrian
>
> -----Original Message-----
> From: Dusant [mailto:cooldush@x...]
> Sent: Monday, 21 March 2005 2:36 PM
> To: equismetastock@xxxxxxxxxxxxxxx
> Subject: Re: [EquisMetaStock Group] RE: safety in the market
>
>
> Hormuz,
>
> I have written a small article on Gann method of calculating Time
and
> Price. Going exactly by the book.
>
> http://www.geocities.com/cooldush/gann11jun04part2.htm
>
> It is very simple. There is plenty of stuff on Gann on the internet.
> Google and benefit.
>
> As an aside, for a foreign company holding a seminar in Mumbai is
pretty
> inexpensive. A rough thumbrule: they would have to pay at least four
> times the Dollar equivalent if they had held it in Sydney or
Melbourne,
> and six times more if it was Europe.
>
> Dusant
>
> ----- Original Message -----
> From: hormuz <mailto:hormuzmaloo@x...> maloo
> To: Metastock group Metastock <mailto:equismetastock@xxxxxxxxxxx.
com>
> group
> Sent: Sunday, March 20, 2005 10:26 PM
> Subject: [EquisMetaStock Group] RE: safety in the market
>
>
>
> Thought as much. I guess their products would HAVE to
> be overpriced considering their expenses in holding
> seminars in expensive hotels, etc to market them.
>
> Nevertheless, if they could identify the one day on
> which a major decline was expected, it sounds
> interesting. Out of idle curiosity am attending one of
> their introductory lectures here in Bombay on April 1,
> 2005 (quite an apt date).
>
> Could you e-mail me some of their material if
> available with you in soft format. Would like to take
> a look if possible.
> Thanks,
> Hormuz
>
>
> -------original message-----------------
>
> Date: Sun, 20 Mar 2005 11:34:36 +1100
> From: "Adrian Pitt" <apitt@xxxx>
> Subject: RE: safety in the market
>
> The firm has a long history in Australia. While their
> products aren't
> bad, they are more sales hype than reality. Their
> products tend to be
> overpriced. I have purchased some of their material
> over the years and
> I would say there is much better value elsewhere.
>
> Adrian
>
> -----Original Message-----
> From: hormuz maloo [mailto:hormuzmaloo@x...]
> Sent: Sunday, 20 March 2005 2:01 AM
> To: equismetastock@xxxxxxxxxxxxxxx
> Subject: [EquisMetaStock Group] safety in the market
>
>
>
>
> Hi everybody,
> Lately a firm called "Safety in the market" has been
> advertising a course on using the techniques of
> legendary trader W D Gann for investing in India.
>
> They claim to have predicted the largest ever single
> day collapse on the Indian stock exchanges which
> occured on May 17, 2004, one year prior to that date.
>
> Also, they say they are operating in USA, Australia,
> Singapore and New Zealand.
>
> Has anybody heard of them before. Or taken their
> course.
>
> Regards,
> Hormuz
>
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