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Re: [RT] Tightening Ranges Make for Poor Results is WRONG thinking..



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Sure, I know your a trader, how long have you been trading and studying? You
said you started out in
high school.. How many hours have you poured over your charts, have you put
in your time..
You can say you don't forecast, hey,  I don't care. you still have an
expectation of an event that is to
happen out of a context.  That is not much different than obtaining an
expectation out of a historical context eh?
My memory is a spread sheet of historical events, your memory is in your
head and and you have an expectation
of an event that will manifest at some point in time
eh?  $teven???

don  :)


----- Original Message -----
From: "Gentle Ox" <enchant@xxxxxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Tuesday, May 08, 2001 9:32 PM
Subject: [RT] Tightening Ranges Make for Poor Results WRONG


> Forgive me I am not a forecaster.. just a trader!
> "Gentle" Ox..
> tightening ranges make for "Stellar" results......one man's rubbish is
another
> man's treasure!
>
>
> Don Thompson wrote:
>
> > Right, sure it can.
> > But if the probability of a forecast range high for today was 1275.10,
and
> > the forecast like for today called for about 85% chance of a higher
high.
> > and the higher high was made in the early am on a gap up, the higher
high
> > forecast has been full-filled at the forecast range of X on no news and
the
> > net advances
> > were not really stellar.  All I am saying is the News is probably the
only
> > thing to move it up, or astro or geometry ... or  Research makes it move
> > up....
> > it trades down to a forecast low or a pivot and it moves up.
> > So if there is no news that is going be traded against, historical
> > probability if high enough will win.  News always wins!
> >
> > Don
> >
> > ----- Original Message -----
> > From: "Gentle Ox" <enchant@xxxxxxxxxxxxxxxx>
> > To: <realtraders@xxxxxxxxxxxxxxx>
> > Sent: Tuesday, May 08, 2001 9:02 PM
> > Subject: Re: [RT] Re: .S&P Tightening Ranges Make for Poor Results
> >
> > > Don Thompson wrote:
> > >
> > > > .  No New, why should it go higher?
> > >
> > > Because it can......?
> > >
> > > Stephen
> > >
> > >
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> > >
> > >
> > >
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> > >
> >
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