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this is just a dead cat bounce for now,,
until we close above 1072 cash I am still considering this as a dead cat
bounce,,
Ben
----- Original Message -----
From: "dowsp" <dowsp@xxxxxxxxx>
To: <gannsghost@xxxxxxxxxxxxxxx>
Sent: Sunday, April 14, 2002 3:11 PM
Subject: [gannsghost] Re: [RT] $1000.00 CHALLANGE
> Remind me what your longer term view is for the spx from mid may
> onwards. If tommorrow holds last weeks lows you could be right.
>
> I still think the jan top should hold though.
>
> Pete
>
>
> --- In gannsghost@xxxx, profitok <profitok@xxxx> wrote:
> > let me see if can help ALL in this debate re fib predictions of
> turning
> > points
> > I am currently BULLISH
> > I have attached a fib harmonics which is NOT updated to current
> prices
> > once the fibo experts update this you will CLEARLY see how it
> DOES
> > predict the price for a turning points
> > my current first objective is 1124 for sp and in a week or so
> 1140.91
> > nice week end
> > Ben
> > ----- Original Message -----
> > From: "Infernal Elk" <infernalelk@xxxx>
> > To: <realtraders@xxxx>
> > Sent: Sunday, April 14, 2002 12:23 PM
> > Subject: Re: [RT] $1000.00 CHALLANGE
> >
> >
> > >
> > > >> It is interesting that those that have responded have
> questioned the
> > > >> details of my challenge and reasons why no one would respond.
> But no
> > > >> one has said, I can do that but $1000 is not enough or I will
> do it
> > > >> but 100 observations are too many. Perhaps the best reason no
> one will
> > > >> accept is their desire to remain annonamous however I believe
> I could
> > > >> offer $10,000 or $100000. and their would be no takers
> because IT IS
> > > >> NOT POSSIBLE!
> > >
> > > it is possible to issue all manner of "challenges" and there be no
> > > takers; but the lack of takers proves nothing. zero.
> > >
> > > i keep with me a bag of Tiger Dust, which i sprinkle about me
> every
> > > other block as i go about my rounds in new york city. & it works!
> > > i've never met any tigers on the street in nyc, EVER.
> > >
> > >
> > > >> This group has spent considerable band width debating the
> > > >> usefullness of Fib . projections as a price prediction tool.
> yet
> > > >> no one has offered a prediction based on Fib. levels. So
> let's
> > > >> forgot the challange and ask if someone has a price prediction
> > > >> technique that meets my accuracy requirements (within +/- 25%
> of
> > > >> average daily range) post three predictions to prove the
> > > >> possibility of price prediction. Don't be surprised, guys, if
> > > >> there are still no takers.
> > >
> > >
> > > why should anyone care about YOUR accuracy requirements?
> > >
> > > personally i find fib #s interesting and useful in helping me
> > > determine points where turns MIGHT happen, & where i want to be
> > > especially careful in establishing or closing positions. do i
> find
> > > them "predictive"? well, i don't know about that, because my
> view is
> > > that the market will do whatever it wants regardless of my view or
> > > position. i do find myself surprised that market turns appear to
> > > occur frequently at fibonacci levels.
> > >
> > > it would probably be much more useful to talk about money-
> management
> > > discipline and risk assessment methods than argue about the
> utility of
> > > "predictive" techniques. in my view, techniques such as EW or
> > > fibonacci or Reversal Days or Median Lines help a trader form a
> > > framework around which prospective decisions can be formed, no
> more,
> > > no less. the actual decisions must be modified & executed in
> > > conformance to actual market action.
> > >
> > > - *lk
> > >
> > >
> > >
> > >
> > > 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/
> > >
> > >
>
>
>
> To unsubscribe from this group, send an email to:
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>
>
>
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>
>
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