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This is my
thesis... the market exacts the maximal dissapointment and inconvenience
possible...
<BLOCKQUOTE
style="PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid">
<FONT face=Tahoma
size=2>-----Original Message-----From: ric ingram
[mailto:ringram@xxxxxxxxxxxxx]Sent: Monday, November 05, 2001 3:28
AMTo: realtraders@xxxxxxxxxxxxxxxSubject: [RT] By
Definition!M.,At Mon, 5 Nov
2001 00:19:30 -0500, you wrote:
From: "M. Simms"
<prosys@xxxxxxxxxxxxxxxx>Subject: RE: sense of it
allWrong. Try.....The market moves in a direction and way to LEAST
accomodatethe consensus opinion.How
true. But the consensus opinion will always be in
the direction of the consensus opinion!So the consensus will never see
this, however true, and however many times the market tries to tell them they
will not see - by definition!Trading with good feelings, Ric.<A
href="http://www.traderscalm.com/"; eudora="autourl">www.traderscalm.com
> -----Original
Message-----> From: BobsKC [<A href="mailto:bobskc@xxxxxxxxxxxx";
eudora="autourl">mailto:bobskc@xxxxxxxxxxxx]> Sent: Sunday,
November 04, 2001 9:06 PM> To: realtraders@xxxxxxxxxxxxxxx>
Subject: [RT] sense of it all>>> You know.. I've about
decided there can only be two explanations for the> action of the
past few weeks. All fundamentals point down. Nearly all> traders
point down. Most analysts are mute or flying red flags. So what> does
the market do? It has a nice, fat .. recovery. So, why?>> 1.
The U.S. government is buying contracts or equities or both.>>
2. The pros are taking advantage of the huge short positions out>
there and> buying them into a panic. If this is the answer, it will
not stop yet. We> have no way seen capitulation by the shorts and for
my money,> capitulation> works both ways... when we have a
panic buying day or two, I will> expect a> large sell off as
the pros take profits and with the shorts> terrified, the>
market will then continue to sell off>> Oh well.. it's a great
traders market like it is. Go either side and if> you're wrong, wait
a couple of days and you'll be right. :)>> Good luck next week
all,>> BobTo
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