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Makes sense, since that level (roughly) has been support/resistance for
almost 12 months.
Regards
DanG
profitok wrote:
>
> Yes it was a typo
> 1172 is what I need to convince me
> Ben
> ----- Original Message -----
> From: "Daniel Goncharoff" <thegonch@xxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Monday, April 15, 2002 10:13 AM
> Subject: Re: [gannsghost] Re: [RT] $1000.00 CHALLANGE
>
> > Did you mean 1172 on the spx??
> >
> > Regards
> > DanG
> >
> > profitok wrote:
> > >
> > > 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:
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> > > > > >
> > > > > >
> > > > > >
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> > > > > >
> > > >
> > > >
> > > >
> > > > To unsubscribe from this group, send an email to:
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> > > >
> > > >
> > > >
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> > > >
> > >
> > >
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