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Dear Kent,
I neither looked up the price nor promoted what I posted. Those
questions were not mine but came from the person who sent it to me.
I looked at the results posted for the past week based upon
Specialists Inventory and they seemed on target for the last
week.They went out on the limb with a June 24 prognostication.
I think that anytime there is some new idea which "could" have merit
that it is interesting enough to share...but that is just me.
They could be a scam and so could those offering Gann and others
works. There is a free trial to which I subscribed and I will know
more after that.
Sincerely,
John
------------------ Reply Separator --------------------
Originally From: "Kent Rollins" <kentr@xxxxxxxxxxxxxx>
Subject: Re: [RT] Tradetalk accurate wall street forecasts
Date: 06/22/2002 02:53pm
So this system that sells for $1975 plus $4 shipping had a good call
on 1
day. And we don't really know if they (you?) had a good call because
the
call was only disclosed at the close of the market.
You said "Thought what is below is good enough to share." Why do you
think
we would be interested in "Long setups is at 5 and short setups is at
three."? There is no information content there. Most of us are smart
enough to know that this is another scam. This scam doesn't even make
claims about past performance. Which leads to my next question.
You said "How does this work? How accurate is it?" Well, I went to
the
website prepared for some tall tales of market success and I couldn't
find
any. The link you posted to this very expensive system doesn't even
answer
the question you yourself posed: "How does this work? How accurate is
it?"
The sample calls are from 1999 which for all we know may be the last
time
the system made a good call and the Live Charts link is broken.
But hey, good post.
Kent
----- Original Message -----
From: "John Cappello" <jvc689@xxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Cc: <MedianLine@xxxxxxxxxxxxxxx>
Sent: Saturday, June 22, 2002 12:54 PM
Subject: [RT] Tradetalk accurate wall street forecasts
Thought what is below is good enough to share.
John
On Friday the indicators worked well with a brief rally in the
morning to unchanged and then another small one in the afternoon.
Prices drifted southward as forecast most of the day.
Inventory is now at five. Long setups is at 5 and short setups is
at three. Typically large rallies do not occur under these
conditions. The low inventory number functions like a strong
southward magnet.
How does this work? How accurate is it?
http://www.precisiontrader.com/index_analysis.htm
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