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I was I a bar one time with friends of mine, and I did an experiment.
I got 10, 1 dollar bills, and gave it to a friend to give away to total
strangers in the bar, I told him to just walk up to them and give them
a buck, so he did this, people were of course baffled, and asked him
what it was all about,, he didn't know what to say, so he told them that
it was from the guy sitting over there, ( pointing to me), some didn't take
it, but he finally did get rid of the money..
now , after about 10 mins, a guy comes over and asked me what was up with
this, to which I reply, " I just felt like giving away a few bucks",
he thought this was a little weird, and then gave me my dollar back.
and said that if it was a 10$ bill he would accept it, so I reached in my
pocket to give him a 10$, I handed it to him, and he said I was crazy
and left without accepting the money.
even my friends thought I was totally strange for giving away $$..
I have done this a few times, all with pretty much the same results,
so I you ever want to have a cheap form of entertainment , try it
the next time your out..
goodtrading / Ted
> In Mark Douglas' The Disciplined Trader, he states (I don't remember if
> someone actually tried this or not) that if someone stood on a sidewalk in
> New York with a wad of money in his hands and tried to give it away to
> people walking by, most people would touch it because people are
programmed
> to believe that that kind of thing doesn't happen. People don't just give
> away money. The passers-by are not capable of seeing it as reality
because
> it doesn't fit in their system of beliefs. Or they may suspect a catch.
> Obviously this depends on which neighborhood you're trying to perform the
> experiment in.
>
> Kent
>
> I am not worried. I believe that the human species has a built in
safety
> device against getting in tune with the markets via only about 5% will
ever
> be
> able to make any sense and have the discipline to do anything about the
> markets.
> You could show the treasure map to 1,000 people, only 100 would bother to
> take a
> look, only 10 would bother to ask any questions, and maybe only ONE would
> want
> to do whatever work was required to help recover the treasure. That is why
I
> am
> not worried to tell you that 10:30, 10:42, & 10:46 AM EDT, on Monday, June
> 19,
> looks like both an interesting window via a cluster of points and that the
> resolution should occur near the 10:46 AM point for a short term intra-day
> turning point.. Watch for a six to eight dollar move in the E-mini either
> before
> or immediately after this window.
>
> Cheers,
>
> Norman
>
>
>
>
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