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Hey, Alex, I used to have the same problem until I learned to listen to my
proprietary Queasy-Nausia stomach indicator, it never fails to detect
intermediate and longterm pivot lows. Likewise when my hat no longer fits
its time to sell.
BobR
----- Original Message -----
From: Alexander Levitin <alevitin@xxxxxxxx>
To: Howard Hopkins <hehohop@xxxxxxxxxxx>; <realtraders@xxxxxxxxxxxx>
Sent: Wednesday, August 11, 1999 7:10 AM
Subject: Re: FUT: Daily Sentiment Index
> Many years ago I talked with Jake Bernstein about it. At that time he
> selected a group of constant and persistent losers (people who were always
> wrong on the market) and they called him daily with their opinion of the
> market. Their opinion remarkable pinpointed turning points (at least on SP
> I was monitoring).
>
> I was on that list for some time (do not even dare to think why). The
> problem Jake had was the attrition. By the nature of the selection those
> people run out of the capital, quit trading and stop their interest in the
> market. At some point Jake (jokingly) considered to bankroll those people
> so they would continue their trading so good were their opinions. The
group
> disappeared (to the best of my knowledge).
>
> Is anyone interested in my opinion of the market?
>
> Alex.
>
> At 09:24 AM 8/11/99 -0400, Howard Hopkins wrote:
> >Jake Bernstein talks about a Daily Sentiment Index for futures in his
book
> >`Why Trdares Lose, How Traders Win`.
> >
> >Does anyone know of a daily or weekly measurement of futures traders
> >sentiment?
> >
> >Any suggestions in this area are appreciated.
> >
> >Thanks,
> >Howard
> >
> >
> >_______________________________________________________________
> >Get Free Email and Do More On The Web. Visit http://www.msn.com
>
>
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