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1. Humble pie-It could have been a significant Bear Rally on Fri.

2. The 50/50 Hurst-Fourier INDICATOR post was correct. Hurray! Can it 
do it again for tomorrow?

3. Norm is Norm and fends well for himself.

4. The TA people on Fri. were still wrong in the mainstream.

5. Still an open question.

6. Apparently there are some talented accurate Pitchfork 
users...somewhat like talented athletes...not a high per cent of the 
population but there just the same.

So much for that now.

Sincerely,

John

P.S. All of the mechanical systems I use on the S&P & Nas reversed 
today and went short. Now there must be a rally coming.



------------------ Reply Separator --------------------
Originally From: John Cappello <jvc689@xxxxxxx>
Subject: [MedianLine] Questions
Date: 07/06/2002 12:42pm



1. What makes anyone think that a rally as significant as Fri. was 
just short covering?

2. What makes anyone think that Hurst Channels will be anything more 
than just another indicater given the amount of work put into it.

3. Why should Norm offer more sound advice than he already does at no 
charge?

4. Why were most TA people pointing their indicaters down on Fri.?

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?

6. How can pitchforks be reliable when they are so dependent upon the 
eye and perception?

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

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