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Re: [RT] Indu



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Dear jeff97_98_1998,

"Qui non intellegit, aut taceat aut discat".

Take care,

Steve Karnish, CTA
Cedar Creek Trading
www.cedarcreektrading.com
1-877-668-1125
----- Original Message -
----
From: jeff97_98_1998 <jprroth@xxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Friday, July 05, 2002 8:13 AM
Subject: Re: [RT] Indu


> for all the hundreds/thousands of rediculous indicators people follow
> in hindsight, please show me a few testable systems in which the
> indicator actually predicted the move, and not a month later, nor as
> a result of the overall market move. for all the chart patterns in
> the world, no one has testable results for the pattern in which they
> believe in.  And why not, if someone went thru the trouble of
> developing, writing the indicator into a program?  Go one step
> furether and prove it's effectiveness, with subjectivity removed.
> Wave this, cycle that, fib this, retrace that, support this, regress
> that, hurst this, lunar that, sun spot this.  Show me the money made,
> the accuracy of the indicator used. Make me a believer, not an
> agnostic.
> I still prefer magenta, unless green begins to work.
> when magenta and green mix, now that's trouble.
> could be a wave forming.
>
>
> --- In realtraders@xxxx, "Bob Heisler" <BHEISLER@xxxx> wrote:
> > Earl is a long-time, respected member of Realtraders and a seasoned
> trader as well.  You'd do well to try and learn from his posts versus
> the ridicule in your post below.  Or better yet, post some of your
> own thoughts/ideas.
> >
> > Bob
> >   ----- Original Message -----
> >   From: jeff97_98_1998
> >   To: realtraders@xxxx
> >   Sent: Friday, July 05, 2002 7:51 AM
> >   Subject: Re: [RT] Indu
> >
> >
> >   I find the Magenta indicators work best for me.
> >   Next is cyan.
> >   Do you read tea leaves too?
> >   Add a few more lines to that chart.
> >   I'm sure one will be hit eventually.
> >
> >
> >   --- In realtraders@xxxx, "Earl Adamy" <eadamy@xxxx> wrote:
> >   > Current working S&P cash chart includes some important left
> pivot
> >   lows. I've
> >   > got lots of price targets, however two major sets agree with
> your
> >   ranges. I
> >   > suspect price is going to reach the lower target before 2002 is
> >   out. I also
> >   > suspect that the upper range will contain this particular leg.
> >   >
> >   > Earl
> >   >
> >   > ----- Original Message -----
> >   > From: <rosow@xxxx>
> >   > To: <realtraders@xxxx>
> >   > Sent: Wednesday, July 03, 2002 11:36 PM
> >   > Subject: Re: [RT] Indu
> >   >
> >   >
> >   > > Ben,
> >   > >
> >   > > 1) 1st wave 5 downside target is the area between 883-908
> which
> >   sports the
> >   > > MOB parameters and a few price clusters.
> >   > >
> >   > > 2) 2nd wave 5 downside target is the area between 803-833
> which
> >   contains 4
> >   > > price clusters.
> >   > >
> >   > > Lenny
> >   > >
> >   > > PS - if we have a quick retracement up from here I would be
> >   surprised if
> >   > it
> >   > > closes above 1074.36.
> >   > >
> >   >
> >   >
> >   > ----------------------------------------------------------------
> ----
> >   --------
> >   > ----
> >
> >
> >   To unsubscribe from this group, send an email to:
> >   realtraders-unsubscribe@xxxx
> >
> >
> >
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> Service.
>
>
>
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>


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