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As a personal acquaintance of Ira, I can guarantee
you he is emotionally and psychologically sound - and a highly successful
trader since the 1950's.
Brian
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----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
ric
ingram
To: <A
href="mailto:realtraders@xxxxxxxxxxxxxxx"
title=realtraders@xxxxxxxxxxxxxxx>realtraders@xxxxxxxxxxxxxxx
Sent: Friday, November 09, 2001 2:05
PM
Subject: [RT] Retracements
Ira,At 16:06 09/11/01 +0000, you
wrote:
Date: Fri, 09 Nov 2001
07:43:18 -0800 From: Ira Tunik <<A
href="mailto:irat@xxxxxxxxx">irat@xxxxxxxxx>Subject: Re:
MarketMy work says that we should get a retracement from here.
We have hit severalof my Price Objectives and they should act as
resistance at this time. Ira.I agree about
retracements - they almost always always arrive. Common
percentages are 30+%, 50+% and 60+% and 100%+ (more often called a
reversal).But to predict or hope (common background to use of word
'should') is often a sign of emotional expectation or belief or psychological
commitment. Any or al of these can tend to lead to future psychological
and/or financial pain.Be careful what you 'should' for.
You might get it and you might not!Trading with good feelings,
Ric.<A href="http://www.traderscalm.com/"
eudora="autourl">www.traderscalm.com To
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