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John,
I have just completed a two week test, with a California day trading firm,
of making daily recommendations based on my Near Impulse model and a daily
direction indicator I am developing. I will not attach the summary results
here for fear of "soliciting" however if you are interested , I will send to
you privately.
Jim
----- Original Message -----
From: "John Cappello" <jvc689@xxxxxxx>
To: "Michael.O" <beeline@xxxxxxxxxxxxxx>; <realtraders@xxxxxxxxxxxxxxx>
Sent: Sunday, June 23, 2002 2:44 AM
Subject: [RT] Tradetalk accurate wall street forecasts
> Michael,
>
> If I was "implicitly" promoting something it was something you
> inferred. I have already communicated with the moderator on this and
> what transpired was all news to me.I told him I would merely complete
> any thread and leave the spamming subject alone.
>
> The point of my post was the merit or non-merit of Specialist
> inventory as a predicter of market action. I said I went to the site
> and saw a weeks worth of decent calls. It had nothimg to do with the
> originater as to what I knew at the time. I have been in enough feuds
> to know when to avoid them but also to give my side of the story.
>
> I have seen few people go out on the limb, including RT and Median
> Line , and make a prognostication for the next day based upon their
> analysis. I was testing the waters for the accurate feasability of
> this.
>
> I also spoke of Babson who died in 1967 and published a well regarded
> news letter.
>
> So my posts were multi faceted and not even implicitly promoting any
> one person. I had no idea there were axes to grind over spamming and
> individual personalities.
>
> Sincerely,
>
> John
>
>
>
> ------------------ Reply Separator --------------------
> Originally From: "Michael.O" <beeline@xxxxxxxxxxxxxx>
> Subject: Re: [RT] Tradetalk accurate wall street forecasts
> Date: 06/23/2002 02:31pm
>
>
> Ask the Moderators (& most others ),..over at the MedianLine forum
> about
> this guy, whose site you are implicitly promoting here ...he
> utilizes,.....
> interesting marketing techniques.
> Michael
>
> ----- Original Message -----
> From: "John Cappello" <jvc689@xxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Sunday, June 23, 2002 9:42 AM
> Subject: [RT] Tradetalk accurate wall street forecasts
>
>
> > 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
> >
> >
> >
> >
> >
> >
> >
> >
> >
> >
> > To unsubscribe from this group, send an email to:
> > realtraders-unsubscribe@xxxxxxxxxxxxxxx
> >
> >
> >
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> >
> >
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