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Re: [RT] Realtraders



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JW,

With all respect, do you really consider a post about a small
commuter plane crashing to be a "major event"?  I call that fanning 
the flames in view of the prior postings to which I referred.  And I 
don't like my magazines having advertising inserts falling out from 
between every other page.

Mark
--- In realtraders@xxxx, "Me Tarzan" <ibe98765@xxxx> wrote:
> Sorry, Mark, I have also been a member since near the beginning 
> (using different email addresses) and I have to disagree with you.  
> External, indirect events do affect the markets and general 
> pyschology and I for one, believe it is useful to know about major 
> events.  While your focus may be price action, others don't 
> necessarily follow your trading methods.  Yes, many here are more 
> technical in focus, but TA doesn't provide all the answers.  If it 
> did, we would all be successful and rich <g>, but I'd be willing to 
> bet that isn't true.  The basic rul;e is that like a magazine, if 
> there is something you don't like, then skip over it <shrug>.  Of 
> course, it would be a lot easier if we had a real web forum with 
> better software (where you could hide people you didn't want to see 
> posts from) rather than Yahoo's poor excuse for forum software.
> 
> JW
> 
> 
> --- In realtraders@xxxx, mark_baze@xxxx wrote:
> > Hi Michael,
> > 
> > Actually, I've been a member of this group since the beginning of 
> the 
> > year, I believe, and I have made at least a few posts in the
past, 
> > although certainly not nearly the number you have (my e-mail 
> address 
> > can be searched on in the archives of Realtraders which are 
located 
> > at www.purebytes.com/cgi-local/swish/swish-cgi.pl).
> > 
> > During that time I've carefully read each and every post to this 
> > list, including a good portion of the posts in the archives from 
> > years past, and I am very appreciative for the great majority of 
> what 
> > people have to say, with the exception of the series of posts I 
> felt 
> > compelled to finally write about.  Since my bent is more 
mechanical 
> > system trading (and coding of the same), I'm not the prolific and 
> > capable chartist-analyst that so many of the people here are,
with 
> > their often remarkable abilities to ascertain support and 
> resistance 
> > areas, turning points based on time and Elliott wave structure
and 
> > the like, and so I usually don't feel like any contribution that
I 
> > could make would be up to the level of the other posters, and 
would 
> > be more of a guess than anything else.
> > 
> > (For example, I felt that there was a 50:50 chance that the 
> formation 
> > that completed yesterday in the broader market could have been 
> viewed 
> > as either a descending triangle with the potential to break to
the 
> > downside, or as a bullish flag/pennant apparent on multiple 
> > timeframes with the potential to break to the upside;  similarly, 
> > from a longer term point of view, I think there are about equal 
> odds 
> > of the market having now put in the final bottom already, based
on 
> > the very strong "V-type" pattern that in other market time
periods 
> > has successfully continued to move to the upside without a
retest, 
> > versus the market having to in fact do a retest of the low made 
> after 
> > the attack and basically do a little more "shaking out."  Not
very 
> > useful, I'm afraid.)
> > 
> > With the foregoing in mind, to a certain extent then I view this 
> > group as somewhat similar to a magazine to be read, as I'm sure 
> many 
> > others do as well - judging from the fact that there are 780 
> members 
> > in the list and obviously not all of them are posting.  As such,
I 
> > suppose I was making something akin to a "letter to the editor."  
> It 
> > is apparently your opinion that nothing Dorothy has done has been 
> out 
> > of line.  I take a much different view, and I'm sure that there 
> must 
> > be at least some others who feel the same way . . . assuming that 
> not 
> > everyone is a chronically long-term bear, that is.  :)
> > 
> > Mark
> > --- In realtraders@xxxx, "Michael Ferguson" <wl7bdn@xxxx> wrote:
> > > Dorothy,
> > > 
> > > I don't know where Mark came from, I have been on this list and 
> its
> > > predecessors for several years and have never seen a post from 
> him 
> > til
> > > today. It is pretty safe to ignore him. The REAL traders will 
> > certainly let
> > > you know if you are REALly out of line. :-)
> > > 
> > > Michael


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