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[RT] Re: S&P Advisory Services?



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<DIV><FONT size=2>I agree with Ira.&nbsp; From what I have seen so far the 
advisories are only as good as the trader behind the advice and like any trader, 
they will go through up's and down's like anybody else.&nbsp; The problem is 
when using an advisory, is that when the market changes and the advisory is off 
on their calls, you have nothing to fall back on.&nbsp; Or worse yet, you dont 
have a true understanding of why your losing in the market.&nbsp; When you truly 
learn it, you then know why u r doing something and why u r not doing 
something.&nbsp; Yes you can learn from their experience in the market, things 
such as,&nbsp;when to play breaks or fade rallies.&nbsp; Or like the market 
tends to be quiet around lunch time.&nbsp; These little things can keep you from 
making certain mistakes, but one thing I still live by is that nothing is for 
certain in the market, for every thing somebody says about the market, I know 
that the total opposite can also happen.&nbsp; Work to keep your method very 
simple, control your losses, watch your stops and stay true to your plan...if 
you can do this, the rest falls into place....</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT size=2>Troy</FONT></DIV>
<DIV><FONT size=2><A 
href="mailto:wallst@xxxxxxxx";>wallst@xxxxxxxx</A></FONT></DIV>
<BLOCKQUOTE 
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
  <DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B> 
  Ira Tunik </DIV>
  <DIV style="FONT: 10pt arial"><B>To:</B> <A 
  href="mailto:realtraders@xxxxxxxxxxxxxxx"; 
  title=realtraders@xxxxxxxxxxxxxxx>realtraders@xxxxxxxxxxxxxxx</A> </DIV>
  <DIV style="FONT: 10pt arial"><B>Cc:</B> <A 
  href="mailto:realtraders@xxxxxxxxxxxxxxx"; 
  title=realtraders@xxxxxxxxxxxxxxx>realtraders@xxxxxxxxxxxxxxx</A> </DIV>
  <DIV style="FONT: 10pt arial"><B>Sent:</B> Tuesday, June 27, 2000 12:06 
  PM</DIV>
  <DIV style="FONT: 10pt arial"><B>Subject:</B> [RT] Re: S&amp;P Advisory 
  Services?</DIV>
  <DIV><BR></DIV>Go back to basics and learn how to trade yourself.&nbsp; Most 
  services are good for a short period of time and then fail when conditions 
  change.&nbsp; It is your understanding that will make you successful, not 
  someone's news letter.&nbsp; Ira. 
  <P>Sean Cassidy wrote: 
  <BLOCKQUOTE TYPE="CITE">
    <DIV>
    <STYLE></STYLE>
    <FONT face=Arial><FONT size=-1>Has anyone out there used, or heard of, 
    preferably used, a real time advisory service for trading the S&amp;P Index? 
    I have been referred to a site called crash proof advisors but they will be 
    discontinuing the service soon. I need to shorten the learning curve as much 
    as possible and this seems to be a good way to do that. Or does anyone have 
    a better way? We have trade station but think the market commentary you 
    generally get with these services would help, if it is 
    right.</FONT></FONT>&nbsp;<FONT face=Arial>Thanks,</FONT>&nbsp;<FONT 
    face=Arial>Sean</FONT></DIV>
    <DIV>&nbsp;</DIV>
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From: "ted stampeen" <tedco@xxxxxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
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Subject: [RT] Re: S&P Advisory Services?
Date: Tue, 27 Jun 2000 23:49:38 +0200
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<DIV><FONT face=System size=4><STRONG>one more thing to keep in mind is that 
they are in the business to make money from the service, whether you are 
profitable with it or not,</STRONG></FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT face=System><STRONG>and you should find out what kind of account you 
would need to trade their way, </STRONG></FONT></DIV>
<DIV><FONT face=System><STRONG>also you might want to ask if he/she/they, are 
taking the trades that they are recommending to you, you might be surprised how 
many don't.</STRONG></FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT face=System><STRONG>&nbsp;one more point is that the markets aren't 
going anywhere, they will be there when your</STRONG></FONT></DIV>
<DIV><FONT face=System><STRONG>ready, .</STRONG></FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT face=System><STRONG>&nbsp;&nbsp; Ted</STRONG></FONT></DIV>
<BLOCKQUOTE 
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">&nbsp;</DIV>
  <DIV style="FONT: 10pt arial">&nbsp;</DIV>
  <DIV style="FONT: 10pt arial">&nbsp;</DIV>
  <DIV style="FONT: 10pt arial"><B>Subject:</B> [RT] Re: S&amp;P Advisory 
  Services?</DIV>
  <DIV><BR></DIV>
  <DIV><FONT size=2>I agree with Ira.&nbsp; From what I have seen so far the 
  advisories are only as good as the trader behind the advice and like any 
  trader, they will go through up's and down's like anybody else.&nbsp; The 
  problem is when using an advisory, is that when the market changes and the 
  advisory is off on their calls, you have nothing to fall back on.&nbsp; Or 
  worse yet, you dont have a true understanding of why your losing in the 
  market.&nbsp; When you truly learn it, you then know why u r doing something 
  and why u r not doing something.&nbsp; Yes you can learn from their experience 
  in the market, things such as,&nbsp;when to play breaks or fade rallies.&nbsp; 
  Or like the market tends to be quiet around lunch time.&nbsp; These little 
  things can keep you from making certain mistakes, but one thing I still live 
  by is that nothing is for certain in the market, for every thing somebody says 
  about the market, I know that the total opposite can also happen.&nbsp; Work 
  to keep your method very simple, control your losses, watch your stops and 
  stay true to your plan...if you can do this, the rest falls into 
  place....</FONT></DIV>
  <DIV>&nbsp;</DIV>
  <DIV><FONT size=2>Troy</FONT></DIV>
  <DIV><FONT size=2><A 
  href="mailto:wallst@xxxxxxxx";>wallst@xxxxxxxx</A></FONT></DIV>
  <BLOCKQUOTE 
  style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
    <DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
    <DIV 
    style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B> 
    Ira Tunik </DIV>
    <DIV style="FONT: 10pt arial"><B>To:</B> <A 
    href="mailto:realtraders@xxxxxxxxxxxxxxx"; 
    title=realtraders@xxxxxxxxxxxxxxx>realtraders@xxxxxxxxxxxxxxx</A> </DIV>
    <DIV style="FONT: 10pt arial"><B>Cc:</B> <A 
    href="mailto:realtraders@xxxxxxxxxxxxxxx"; 
    title=realtraders@xxxxxxxxxxxxxxx>realtraders@xxxxxxxxxxxxxxx</A> </DIV>
    <DIV style="FONT: 10pt arial"><B>Sent:</B> Tuesday, June 27, 2000 12:06 
    PM</DIV>
    <DIV style="FONT: 10pt arial"><B>Subject:</B> [RT] Re: S&amp;P Advisory 
    Services?</DIV>
    <DIV><BR></DIV>Go back to basics and learn how to trade yourself.&nbsp; Most 
    services are good for a short period of time and then fail when conditions 
    change.&nbsp; It is your understanding that will make you successful, not 
    someone's news letter.&nbsp; Ira. 
    <P>Sean Cassidy wrote: 
    <BLOCKQUOTE TYPE="CITE">
      <DIV>
      <STYLE></STYLE>
      <FONT face=Arial><FONT size=-1>Has anyone out there used, or heard of, 
      preferably used, a real time advisory service for trading the S&amp;P 
      Index? I have been referred to a site called crash proof advisors but they 
      will be discontinuing the service soon. I need to shorten the learning 
      curve as much as possible and this seems to be a good way to do that. Or 
      does anyone have a better way? We have trade station but think the market 
      commentary you generally get with these services would help, if it is 
      right.</FONT></FONT>&nbsp;<FONT face=Arial>Thanks,</FONT>&nbsp;<FONT 
      face=Arial>Sean</FONT></DIV>
      <DIV>&nbsp;</DIV>
      <DIV><FONT face=Arial><BR>---<BR>Outgoing mail is certified Virus 
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    6/20/00</FONT></DIV></BLOCKQUOTE></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>
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Date: Tue, 27 Jun 2000 18:00:14 -0700
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Subject: [RT] Re: MKT: STKS: Early signs...
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Status:   



Dan Harels wrote:

> Gitanshu,
>
> You refered to work by George Lindsey in one of your recent posts.  I have
> looked unsuccessfully for information regarding theories.  Can you point me
> to any references or sources?
>
> Thanks
>
> Dan,

      Encyclopedia of Stock Market Techniques,  Investor's Intelligence, 1970,
Larchmont, NY.
Great book!  Has about 45 chapters, each one is an essay or market theory by an
expert on that particular approach. This was my primer in Technical Analsysis 30
years ago.

Good Studying,

Norman




>
>
> >From: "Gitanshu Buch" <OnWingsOfEagles@xxxxxxxxxxxxx>
> >Reply-To: OnWingsOfEagles@xxxxxxxxxxxxx
> >To: <realtraders@xxxxxxxxxxxxxxx>
> >Subject: [RT] MKT: STKS: Early signs...
> >Date: Tue, 27 Jun 2000 13:16:24 -0400
> >
> >Looks like they are beginning to shake the trees and make charts look bad
> >before the markups/markdowns.
> >
> >Semi's under heavy distribution under a benign INTC+MU smokescreen. Look at
> >ADI, ALSC, XLNX, LLTC.
> >Retail: Is this the bottom? They get punished into rising rates, then rally
> >into falling/steady rate anticipation.
> >
> >Watching MER. Currently turning red after rallying off breakout pivot.
> >
> >Aside - if everyone knows its markup time, why doesn't somebody big fade
> >the
> >move?
> >
> >Gitanshu
> >No positions. And a chart for T-Bondo.
> ><< newp0627.gif >>
>
> ________________________________________________________________________
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