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Ira wrote:
> He is making a prediction, not a statement of fact. If the system he is using is
> proprietary, why should he have to explain it? If you are using a system that
> works, then compare what he is predicting to what your system is telling you. He
> has the probability of being right that his system allows. If you are depending
> on someone else to give you trades you are in big trouble. YOu should treat
> anything you read or hear about as nothing more then a license to look and
> compare. A pool of ideas that will stimulate you to thought and research and
> allow you to compare what they profess to be truth against what your system and
> common sense tell you are your truths. Only you can decide what course of action
> to take and the first course of action should be your own consul. Good trading,
> Ira.
>
> ROSOW@xxxxxxx wrote:
>
> > Warren - Again, sorry to be a pest but could you explain to Realtraders why
> > you make these bold predictions. Maybe send us a chart with explanations. I
> > previously asked you to explain your prognosis about Bonds and Silver and
> > silence is all we got. If predictions is what people are looking for than
> > Ken Griffey Jr. is going to hit 71 homers this year. Please!!! Explain your
> > reasoning, or start a pay for guru service -- disgusted - Lenny!
Greetings Ira & All:
Warren doesn't have to give away his 'proprietary' systems or methods. I
totally
agree with you. BUT please read Lenny's mail carefully: He was merely
asking the
rationale behind Warren's forecasts. A chart would be fine to show others
exactly
what he was trying to convey. Mr. John Boggio used to give out
'suggestions' to all
of us NOT to just talk about ones' forecasts without at least putting a
minimum
amount of effort to explain the RATIONALE behind ones' bias towards the
markets. I
used to posts charts to this forum all the time. But it was totally up to
me if I
want to share my trading methods with other or not, which I usually did
most of the
time. The crux of this forum is to share views and exchange ideas....NOT
blabbering
about the direction of a particular market WITHOUT telling others the
rationale
behind it. Look at Lenny's mail again! He was only asking WHY Warren has
such
conclusion of the S&P. He DIDN'T ask for his methods or proprietary
indicators.
Regards
Have a good one
Jeff Harteam
Hong Kong
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