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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
John, There are many talented pitchfork users. Most wont post on the
web because they are private people. Most TA tools are elegantly
used by a few who really understand them.
It reminds me of a woman who played a cheap piano in the USO but the
sound that came out was what you would hear in a symphony. Later I
found out that she turns down offers all the time.
TA tools are like piano's of the world, anyone can play with them.
But how many are really educated in how to play them properly?
As you probably saw my forecasts for today were on the mark. For
tomorrow is kind of strange but .....I see what I see.
Thanks to all of you guys who posted the DJIA charts....It appears
we are near a cross road. So for those who don't know what to do
with their money ....how about 6 month cd's?
Regards
R
--- In realtraders@xxxx, John Cappello <jvc689@xxxx> wrote:
>
> 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@xxxx>
> 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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