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<DIV><FONT color=#000000 size=2>I am interested in contacting anyone who uses
the trading methodology developed by Richard D Wyckoff and/or uses the software
VSA (Volume Spread Analysis) developed from the Wyckoff methodology by Tom
Williams. I would welcome any comments you have and will share my experiences
with you. </FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2>Brendan R Smyth</FONT></DIV></BODY></HTML>
</x-html>From ???@??? Sat Oct 03 11:59:05 1998
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From: "BrentinUtahsDixie" <brente@xxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: Re: [Fwd: Samurai Trader's Email Digest Issue # 13 October 3, 1998]
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Status: U
Harry et al,
Do you like what this guy is saying? I sure don't want to receive his
Samurai digest.
This kind of reasoning would imply that you can trade the markets by
flipping a coin or throwing darts. The old dogma about the markets always
being right is a fallacy that is repeated over and over until all newbies
believe it. I submit that the market is often wrong. The fact that there
are ranges, gaps, volatility and crashes in the markets along with the
concept of a market being overbought or oversold implys that the markets
are often wrong. However the price once established is what it is. I think
that the 2 concepts get confused, in other words yesterday the Dow closed
at 7784 that is an established fact and is "right" but collective
judgement, greed, and fear can cause a 1987 style crash which would imply
that the market price was over inflated. If it weren't for the error in the
market there wouldn't be opportunities(inefficiencies) to take advantage
of.
Also all geniuses may not be successful traders but to imply that
intelligence is a drawback must imply that all great traders are morons.
Anyone that understands the value of assets and their worth in hard earning
has a conflict within when trading, for example paper trading is oft times
successful because you are risking nothing but when something of real value
is at stake, fear and greed cause you to make errors. Great traders learn
to not lose any appreciable amount of their capitol and how to press their
advantage when it counts. Does that take brains, well IMHO it takes some.
Brent
----------
> From: H&M Feld <ariel@xxxxxxxx>
> To: realtraders@xxxxxxxxxxxxxx
> Subject: [Fwd: Samurai Trader's Email Digest Issue # 13 October 3,
1998]
> Date: Saturday, October 03, 1998 5:52 AM
>
> Rt's
> Just thought I'd post this to the list. This guy has a lot of good
> things to say about what goes on between our ears! Harry
>
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