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>You said "IN REALITY, the markets are totally
chaotic".
>Do you believe the markets are totally random
and contain no patterned behavior ?
>I believe a detailed study of
the historical price activity of each market does reveal a definitive
patterned and predictive behavior for that specific market.
There are similarities that repeat that could be called patterns. But
they cannot be predicted on a regular basis by squares or spirals.
>Did you believe there is no geometry involved
in market price behavior ?
>I believe that a detailed study of the
geometrical behavior of historical price activity for any given market does
reveal geometric patterns that can be extremely powerful in >predicting
future price activity behavior for the specific market being
studied.
I believe you can draw pretty patterns ex-post-facto on charts but you
cannot draw a geometric pattern on the right edge and trade from there
profitably over any sustained period. It is not possible to prove that the
patterns won't work. If you believe you can, the burden of proof is on
you. Put some definitive markets calls over the next 6 months on this list
and perhaps I'll change my stance.
Tom Bowen said:
>Norman,
>Excellent presentation, well stated, clear,
concise and professionally communicated.
>Thanks.
>Tom
This post falls into the "me too"/"thank you" category which has been
declared inappropriate on the list. Tom Bown, please refrain from making
future posts along these lines.
Norman Winski said:
>Anyone familiar with or using "The Bat" e-mail
program?
>Thanks,>Norman
Norman, these kinds of posts are inappropriate for this forum. Please
refrain from them and limit your posts to market-related topics. Thank you
for your cooperation in keeping a polite and noise-free list.
God bless you. And Jesus bless you too. And the Virgin
Mary. And that Pope guy.
Kent
----- Original Message -----
From: <A
href="mailto:kenoor@xxxxxxxxxxxxx"; title=kenoor@xxxxxxxxxxxxx>Tom Bowen
To: <A href="mailto:realtraders@xxxxxxxxxxxxxxx";
title=realtraders@xxxxxxxxxxxxxxx>realtraders@xxxxxxxxxxxxxxx
Sent: Saturday, April 06, 2002 5:18 PM
Subject: Re: Re[2]: [RT] List description:
interrogatories
Kent,
Honest questions derived from professional
curiosity and a sincere desire to improve all our trading skills, no
intent other than what is clearly stated below is implied or should be
perceived.
You said "IN REALITY, the markets are totally
chaotic".
Do you believe the markets are totally random and
contain no patterned behavior ?
I believe a detailed study of the historical
price activity of each market does reveal a definitive patterned and
predictive behavior for that specific market.
You said "You will never become a professional
trader by drawing geometric patterns on charts".
Did you believe there is no geometry involved in
market price behavior ?
I believe that a detailed study of the geometrical
behavior of historical price activity for any given market does reveal geometric
patterns that can be extremely powerful in predicting future price activity
behavior for the specific market being studied.
I would be extremely interested in opening a
dialog with you via the list as I believe we could explore these
positions/beliefs to the benefit of ourselves and many of the
other subscribers to the list.
God Bless and best wishes in all your future
endeavors,Tom
<BLOCKQUOTE
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
Kent
Rollins
To: <A
href="mailto:realtraders@xxxxxxxxxxxxxxx";
title=realtraders@xxxxxxxxxxxxxxx>realtraders@xxxxxxxxxxxxxxx
Sent: Friday, April 05, 2002 9:32
AM
Subject: Re: Re[2]: [RT] List
description: interrogatories
Good point on the methods discussed on this list. And
I think that does thenewbies on the list a disservice. As humans,
our brains want to formpatterns and see the market respond to pleasant
shapes like squares andgentle waves. IN REALITY, the markets are
totally chaotic. You will neverbecome a professional trader by
drawing geometric patterns on charts. Butnewbies don't know
this. They think that mystical methods have merit. Thislist
doesn't exist to disabuse newbies of that notion, but more and more
itexists to promote those methods. And like you said, most of the
quants aregone.List often do have agendas that are not spelled
out. And the fact that Markattacked BobsKC for being a vendor and
now BobsKC is the
activemoderator....Kent
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