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Jeff,
I finally found your controversial post. Now I can follow the thread.
John
------------------ Reply Separator --------------------
Originally From: "jeff97_98_1998" <jprroth@xxxxxxxxxxx>
Subject: Re: [RT] Indu
Date: 07/05/2002 02:13pm
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.
> > >
> >
> >
> > ----------------------------------------------------------------
----
> --------
> > ----
>
>
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>
>
>
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