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Re: [RT] Questions



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----- Original Message -----
From: "John Cappello" <jvc689@xxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Cc: <MedianLine@xxxxxxxxxxxxxxx>
Sent: Saturday, July 06, 2002 12:42 PM
Subject: [RT] Questions


>
> 1. What makes anyone think that a rally as significant as Fri. was
> just short covering?
> Simple,,  LOW VOLUME
> 2. What makes anyone think that Hurst Channels will be anything more
> than just another indicater given the amount of work put into it.
> NOT TRUE<<  PRICE  will  come back to the normal distribution of 3 std div
99% of the time
> 3. Why should Norm offer more sound advice than he already does at no
> charge?Because he is also willing to share and LEARN
>
> 4. Why were most TA people pointing their indicaters down on Fri.?
> NOT  those that read the market map!!!
> 5. Why do people seem to think that the ability to program correlates
> with coming up with sound ideas that are useful for real time trading?
> ONE has to EARN credebility and  it ONLY comes after YEARS of research and
hard work!!!
> 6. How can pitchforks be reliable when they are so dependent upon the
> eye and perception?
> ONE must pick the right  turning points,, takes YEARS to train the eye and
brain to work IN harmoney!!
> These are just a few questions I have had after seeing so many posts
> on these subjects.They are meant for educational purposes of myself
> and perhaps others. I have more, but they can wait.
>
> John
> hope this helps
Ben
>
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>
>
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>


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