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" Previsions is not an
english language word. My email to you to get a
clarification went unanswered. I think you mean
something like
predictions.
...................................................................................................
I have enough to do and one of them is not correcting someone english.
I sent her an email because I wanted a clarification of what she was trying to
say. If I answer someone I want to know what they meant, otherwise
my answer would be in vain. I can not correct someone english if I do not know
what they are saying. My intention was not to CORRECT her english.. and I
do not think I did that. I made an assumption and phrased my comment based on
my assumption.
I would email here privately if I wanted to correct her english, which I would
not do unless asked. I have had private phone conversations with her
and I have faxed her information to Switzerland. I have sent email to her many
time on here and have not sent a copy to the group because I have not felt it
was appropriate. I have gone more than out of my way to try and help her and
have done it willingly. Despite that I felt that her comments were out of line
and felt I had to voice my opinion. I hope this clarifies the situation.
Norman E.
Jonathan Sibley wrote:
> Listen, clearly English is not Edelina's native language, so at least give
> her a break if she makes some grammatical, spelling, and vocabulary mistakes.
>
> Ask yourself if you could write as much in a foreign language, whether the
> content is "right" or "wrong".
>
> I certainly won't agree with her assessment, but I can understand what she
> means, and if I want to correct her English, I'll do it offline.
>
> Thanks.
>
> Jonathan Sibley
>
> At 11:53 AM 5/5/99 -0700, Norman E. Phair wrote:
> >
> >suddenly after 7 days the market is prevised to be @top
> >
> >this is a little bit undigestible !!! even as a
> >prevision.
> >
> >7 days without any major unprevisible EVENT cannot
> >change
> >drastic the price.
> >
> >............................................................................
> >...........................
> >
> >Edelina:
> >
> >When you are playing the market one can change their
> >mind when they want to. I have a long term money
> >manager who trades mutual funds for me. Yes, even
> >though I was in "this business" for over 35 years. He
> >went long in December 1994. A few days later he sold
> >out on Thursday, bought back 50% on Friday and the
> >balance on Monday. He stayed long until now with 2
> >round term trades in-between.
> >
> >It takes a disciplined person to be able to admit he
> >was wrong and switch direction. That is what my MM did
> >(Terry Laundry) . That is what Earl did. You should
> >be thanking him not lambasting him.
> >
> >How many brokers that put you in a stock would call you
> >up 7 days later and tell you to sell at a loss?
> >Verrrrrrrrrrrrry few.
> >
> >I do not think "this investors" (who ever you think
> >that is ) would be buying at the 1379 top you
> >mentioned. If he had been following Earl they would
> >already be long. It would not be YOU because you trade
> >futures.
> >
> >Your quote "medium poor investor" is a little
> >confusing. Is he medium done
> >as in cooked? If he is poor he should be working, no
> >internet and put his meager saving in mutual funds.
> >
> >You said " I have been loosing money exactly because of
> >such extremes previsions." Previsions is not an
> >english language word. My email to you to get a
> >clarification went unanswered. I think you mean
> >something like
> >predictions.
> >
> >TAKE RESPONSIBILITY FOR YOUR OWN ACTIONS. You are not
> >paying Earl, do your own work. I have said and many
> >others have said on here, making money trading is hard
> >work. If you have an idea and Earl agrees you can
> >follow your nose. Earl and everyone else on here is
> >doing us a big favor with their comments and opinions.
> >Not everyone contributes. I guess because they have
> >discovered the HG and do not want to share it.
> >HaHAHaHaHa..
> >
> >I understand you subscribe to many web pages. How many
> >of these did you lambaste when they were wrong.
> >
> >You said seven days without a major EVENT. I assume
> >you mean news.
> >I could write a term paper on that statement.
> >
> >1. I believe Earl is a technician, technicians do not
> >usually factor news into their analysis.
> >2. I do not read financial news of any kind because
> >you can not believe most of it and what you
> >may like to believe is probably bs. ( I could
> >write an essay on this)
> >3. Technicians let the market tell them what to do.
> >This is a simplified statement to a complex subject.
> > 4. Technicians may watch the markets reaction to
> >news and trade opposite to the move created by the
> >news. I.E.: Buy on bad news, sell on good news.
> >
> >In closing , TG, I think you should be thankful that
> >Earl gives you his comments FREE. I have dedicated a
> >file folder in my mail folder as of today to Earl' s
> >pearls of wisdom. I will continue to learn until they
> >hammer in the last nail and I will post my meager
> >comments when I get a flash.
> >
> >
> >Norman E. .
> >
> >Earl Adamy wrote:
> >
> >> I think the word you wanted is "refer" rather than
> >> "refere". This is the second time you have composed
> >> such a message and used my name in the subject. This
> >> is not the kind of message which contributes to a
> >> positive environment for the exchange of ideas. I
> >> suggest that the next time you feel compelled to
> >> compose such a message that you press the <Delete>
> >> button instead of the <Send> button. Had you taken
> >> the time to carefully read my most recent post
> >> instead of firing up a message reply, you would have
> >> found there is no such inconsistency. I expect the
> >> equity markets to go considerably higher in spite of
> >> some technicals. "Technical work still points to
> >> 117-118 area into mid-May. While I have
> >> indications of a top in equities, I don't think this
> >> market is going to just
> >> fade away, I think it is going to go out in a
> >> spectacle of fireworks which
> >> we have yet to see. And when the day does come,
> >> treasuries and foreign
> >> currencies may offer some opportunities." I trade
> >> futures for a living and use mutual funds for
> >> investment. I follow the markets where they lead - I
> >> never fight the tape. However, I have no hesitation
> >> to stand aside when the markets do not fit my trading
> >> or investment style. I have made no secret of the
> >> fact that I consider the US equity markets vastly
> >> overvalued and very dangerous. This does not mean
> >> they will not go higher - I continue to expect that
> >> the S&P will come close to the 1600 area and have
> >> said as much since the S&P was in the 1000 (many here
> >> will remember my historical S&P channel chart dating
> >> from the 1920's). I have made no secret of the fact
> >> that while I continue to trade the S&P futures both
> >> long and short, my investment accounts have been out
> >> of US equities. It was last fall when all the talking
> >> heads were panning Asia that I first indicated I was
> >> making a major long term commitments to Asia based
> >> mutual funds because I felt they offered tremendous
> >> risk/reward opportunities (up over 50%). I
> >> subsequently followed up with an analysis of the
> >> Nikkei and indicated that the Yen should bear
> >> watching for signs of a decline against the dollar.
> >> Earlier this year (when the talking heads said oil
> >> was going to $8 a barrel) I suggested that energy
> >> funds appeared to offer significant opportunities (up
> >> over 80%) and about six weeks ago I indicated that my
> >> XAU system had issued a rare buy (up 27% in a month).
> >> About a month ago I indicated that I thought bonds
> >> had bottomed and that I had made a major commitment
> >> to long term bond positions, however I reversed
> >> course quickly (0.4% loss) when the bond market
> >> failed to follow through, then indicated bonds would
> >> likely break to 117-118 area well before the bond
> >> market reversed a few days ago. Some months ago I
> >> posted several days worth of futures trades, complete
> >> with detailed technical analysis, in real-time which
> >> turned out a very nice profit on two out of three
> >> trades in just a few days. In summary, I'm far from
> >> infallible, however I do rather nicely without taking
> >> much risk and I support my own trades and investments
> >> with my own analysis. I've had spells of S&P trading
> >> where as many as 70% of my trades have been wrong but
> >> have made still made money by controlling losses
> >> tightly and letting the winners run. I always have a
> >> benchmark which indicates when my analysis is wrong
> >> and don't hesitate to reverse course. Nor do I
> >> hesitate to disagree with the conventional wisdom of
> >> the talking heads. I contribute more than raw
> >> opinions here, I post charts and analysis. I do so,
> >> not for compensation, but in the hope of helping
> >> others in the same manner as others have helped me. I
> >> make no claims to infallibility and those who read
> >> what I post should perform their own analysis. What I
> >> don't post here are any "holy grail" indicators or
> >> systems because there are none. The only group (and
> >> it is a very large one) with which I take strong
> >> exception are those who believe that they can be
> >> successful traders or investors without understanding
> >> the markets. Those who believe that success lies in
> >> some combination of hardware/software, some black box
> >> system, some guru, or some chat room will ultimately
> >> have their collective clocks cleaned! Earl
> >>
> >> ----- Original Message -----
> >> From: Edelina
> >> To: RealTraders Discussion Group
> >> Sent: Tuesday, May 04, 1999 3:00 PM
> >> Subject: I refere to earl adamy "june bonds
> >> " message
> >> dear earl adamy, I respect your work.but
> >> it is better you send few messages and
> >> specially those which not contraryone the
> >> other in a laps of 7 days. one week ago the
> >> sp500 was 1372 and you were prevising an
> >> explosion to the 1400-1600area..... now in
> >> your last message . you telling that you
> >> see a top in equities.and as a good
> >> politician you keep changing from equity to
> >> the bond market. My GOD if only I have the
> >> courage to tell peoples my previsionsall of
> >> them will become rich .but I am still
> >> without courage.and I am keeping to wonder
> >> peoples like you who have even the courage
> >> towrite contrarian messages. I understand
> >> that every one has and is free to express
> >> his prevision on the market.BUT he must
> >> take care of contrarian previsions very
> >> often. PLEASE refere to the message with
> >> title JUNE BONDS.
> >>
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