|
PureBytes Links
Trading Reference Links
|
Norm:
Thanks for your comments. If my posting did nothing
else but to get a
"lurker" out of the woodwork and participate in this
forum my effort did not go for not. I hope you will be
more active in the future because comments and opinions
is what helps us all learn and think, even at my ripe
old age. We are battling against the big boys out
there and there is plenty left to go around.
Norman E.
"Norman M. Cabana" wrote:
>
> Norm,
>
> I've been pretty much a lurker on this list, simply because I did not have anything to
> really add to the discussion. However, I think I'd like to throw my two bucks in (if it's
> only worth 2 cents, then it might as well be ignored) to the discussion.
>
> If an MD told this group that by eating certain kinds of foods they would become better
> traders I wonder how many of us would rush right out and buy the good doctors book and
> immediately start gobbling up the recommended foods. If a very successful Wall Street
> trader tells us all about a special indicator method that he or she has used to make $25
> million in one year, how many of us would at least buy the book and give the indicator a
> try? I've seen some of the strangest trading methods being touted, here and in other
> places, and no one seems to really bother searching out the 'truth' about the method.
> Mention Astrology, and things go all to hell! From my point of view, narrow as that is,
> Astrology is just as valid, as a trading guide, as Gann and Fibs. BTW, I'm one of the Sag
> folks that seemed to dominate the listing. What is Norm Winski's sign?
>
> Norm Cabana
>
> "Norman E. Phair" wrote:
>
> >
> > Back in the early 60's Fidelity had a technical
> > department. They did not advertise it, very few
> > people new about it. I would venture to say no other
> > mutual fund management company had such a
> > department. I attribute their superior performance
> > back then to this department which was run by Chet
> > Pado. One of the best performing funds was managed
> > by Jerry Tsai, for those of you out there who may
> > remember his name. In 1962 as the market started
> > down, he went into approximately 30% cash in two
> > weeks. Technical analysis was somewhat of a voodoo
> > culture back in that era. Fidelity did not tell
> > people because if you were a
> > technican back then people looked at you at little
> > funny. Boy have times changed. The money that
> > technicians are paid now by the major brokerage houses
> > is unbelievable. Does it pay to be different?
> > Should you keep your opinions to yourself if the
> > majority of people out there do not agree? What
> > happened to the old theory of contrary opinion? I
> > do NOT use astrology in my trading.
> > congratulate anyone
> > who uses it or any
> > other method that works. Why do people criticize
> > something when they do not know anything about ? I
> > guess it is human nature. If they can not carry on
> > an intelligent conversation about a subject, because
> > they do not have the knowledge, the subject has no
> > merit. There are died in the wool fundamentalists
> > that manage money who
> > think technical analysis is not worth anything.
> >
> > Norman E.
> >
> > > S teve McGuire wrote:
> > >
> > > > John,
> > > > Sounds like a very closed minded approach. If some
> > > > people can make astro work for
> > > > trading, why not show a little tolerance. It is the
> > > > lack of tolerance and
> > > > flexibility that is the root of many of our
> > > > problems today and throughout history.
> > > >
> > > > John Napier wrote:
> > > >
> > > > > Several days ago the web master asked that all
> > > > you
> > > > > astrologers converse with each other privately
> > > > through your
> > > > > own email.
> > > > > THAT IS STILL AN EXCELLENT IDEA.
> > > > > I don't want to start a rumble here but why don't
> > > > we get off
> > > > > this CRAP and get back to sharing good trading
> > > > ideas and
> > > > > information that will
> > > > > improve our trading techniques. THAT'S WHAT THIS
> > > > FORUM IS
> > > > > ABOUT. Not astrology or sun worshipping or
> > > > occultic signs.
> > > > > Whoever started this thing why don't you give all
> > > > those
> > > > > others who have joined in with their special
> > > > signs YOUR
> > > > > private email or still better, why don't you
> > > > start your own
> > > > > web page just for that stuff.
> > > > > I, Like you, don't want to offend anyone..BUT you
> > > > have
> > > > > offended me. So lets call it quits right now
> > > > while you are
> > > > > ahead.
> > > > >
> > > > > TTrue61470@xxxxxxx wrote:
> > > > > >
> > > > > > In a message dated 5/12/99 7:46:59 AM Central
> > > > Daylight Time, chmeyer@xxxxxxxx
> > > > > > writes:
> > > > > >
> > > > > > << I'm no rocket scientist, especially as it
> > > > relates to quant skills--
> > > > > > but isn't it silly to consider this a valid
> > > > sample base; and size? >>
> > > > > >
> > > > > > I totally agree. At the risk of getting the
> > > > administration mad at me I'd like
> > > > > > to point out a few things about astrology.
|