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Dear Dorothy,
I don't think that most people with even a modicum of intuition would
believe that the numerous news-negative postings you've made over the
past couple of weeks are the result of a release of "emotion" on your
part. Rather, you obviously have a bearish market bias, which in
itself is perfectly fine (my own system is short 50% of the time on
any given day), and while I certainly appreciate any technical
analysis you can provide - because clearly your technical skills are
more advanced than mine, I just don't believe it is appropriate to be
trying to influence people by scaring them into seeing that bearish
market bias by playing on these difficult times, as opposed to
persuading people to see your bias by virtue of some technical ground
such as a fibonacci retracement or the like that you happen to see.
And, if not for your bearish blinders, you would have seen that I did
in fact attempt to offer my own version of tradeable advice. Again,
I appreciate very much your postings, but absent the psychological
fare.
Sincerely,
Mark
--- In realtraders@xxxx, "Dorothy K. Carter" <dorothy.carter@xxxx>
wrote:
> Dear Mark: I have to assume you are making ref to my post today.
I agree
> that at these emotional times that some of the posts have been non
> tradeable information. Most of the time I try to stick to market
tradeable
> posts. Did you take my short bond trade posted last Fri.???? I
look
> forward to "your next post" that provides tradeable information.
> best, Dorothy
>
>
>
> ----- Original Message -----
> From: <mark_baze@xxxx>
> To: <realtraders@xxxx>
> Sent: Wednesday, October 10, 2001 6:55 PM
> Subject: [RT] Realtraders
>
>
> > Hello Realtraders,
> >
> > Just thought I would interject something here. First of all, I'd
> > like to say that I don't have any preconceived bias one way or the
> > other regarding market direction. I adhere to the trading
philosophy
> > that no matter how low the market has gone it can always go lower,
> > and that no matter how high the market has gone it can always go
> > higher. I believe that price itself determines what the market
will
> > and won't do, and the S&P futures system I trade goes long or
short
> > based entirely on price (actually, I have two different
> > brokers "autotrade" my system for me to completely remove any
> > directional bias I might try to impose on the system). My only
> > personal bias is that I'm always hopeful that the market will
> > continue to trend in the upward direction over the long term so
that
> > people's retirement accounts are not hurt at a time when they need
> > the money the most.
> >
> > Having said that, I don't think it serves any useful purpose for
> > posters to be making comments about every plane crash that occurs
in
> > the world, or about every other seemingly negative or "scary" bit
of
> > economic news, or what have you. I imagine that at least one
plane
> > of some size or another probably crashes somewhere in the world
> > everyday, or at least every few days. Likewise, there is always
some
> > bad bit of news, economic or otherwise, just about every day.
That's
> > a fact of life.
> >
> > I think that if a person has so little confidence, or so little
> > faith in their own technical/fundamental analysis abilities that
they
> > feel compelled to continually make postings of the aforementioned
> > type - postings that are obviously designed to psychologically
scare
> > and intimidate other traders, that it really goes against the
grain
> > of what this group is ostensibly profiled as, i.e., REALtraders.
> >
> > That's all,
> > Mark
> >
> >
> >
> > To unsubscribe from this group, send an email to:
> > realtraders-unsubscribe@xxxx
> >
> >
> >
> > Your use of Yahoo! Groups is subject to
http://docs.yahoo.com/info/terms/
> >
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