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RE: [RT] Re: forecasting-track record



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<span
style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Arial'>Jeff,

<span
style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Arial'> 

<span
style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Arial'>I am a
lurker on the board and I have resisted the temptation to fire back a response after
a couple of your emails but this last one with the reference to &#8220;that Mary woman&#8221;
was enough. 

<span
style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Arial'> 

<span
style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Arial'>First,
lets leave personal issues aside from the list as some of us find this extremely
offensive. Secondly, most on the board attempt to offer something constructive.
I am not saying all are good and do not warrant criticism or challenge but in
your case you do nothing to further the discussion other than launch a few over
used statistical phrases and satirical remarks. 

<span
style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Arial'> 

<span
style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Arial'>Lets face
it&#8230;to have a truly in statistically significant system the number of observations
required would be a couple of lifetimes. I personally don&#8217;t care to wait that
long so I play the best odds my systems will give. 

<span
style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Arial'> 

<span
style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Arial'>Last, if I
wanted to read or listen to another talking head I would just flip on CNBC. Either
offer something constructive or leave us alone.

<span
style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Arial'> 

<span
style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Arial'>Duke 

<span
style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Arial'> 

<span
style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Arial'> 

<span
style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Arial'> 

<font size=2 color=black
face=Tahoma>-----Original
Message-----
From: jeff97_98_1998
[mailto:jprroth@xxxxxxxxxxx]
Sent: Wednesday, July 10, 2002
9:35 AM
To: realtraders@xxxxxxxxxxxxxxx
Subject: [RT] Re:
forecasting-track record

<span
style='font-size:12.0pt'> 

<font size=2 color=black
face="Courier New"><span style='font-size:10.0pt;font-family:"Courier New";
color:black'>Karen,<font size=2 color=black
face="Courier New"><span style='font-size:10.0pt;font-family:"Courier New";
mso-fareast-font-family:"Courier New";color:black'>
I don't believe in Elliott Wave,
BUT I do use a lotta Gerri Curl.

Put 20 Elliott Believers in a room,
give them the same chart, and you will get
20 different wave counts. 

Kinda like a Rorschach Ink Blot Test.
Can also throw in a rusty water stain on a chruch wall,
resembling that "Mary" woman.
The mind is a terrible thing to trust.

regards,

jeff


--- In realtraders@xxxx, "Karen Beckwith" <hoticetea@xxxx>
wrote:
> Jeff:
> Looking for a holy grail?  Have u ever looked into the EW3
(Elliott 
Wave)
> software?  I can't find anyone who uses it, but it sounds awfully

good.
> Anyone here familiar w/ EW3?
> best wishes,
> karen
> ps - May the force be with you.
> :>)
> :>)
> 
> ----- Original Message -----
> From: "jeff97_98_1998" <jprroth@xxxx>
> To: <realtraders@xxxx>
> Sent: Sunday, July 07, 2002 9:50 AM
> Subject: [RT] Re: forecasting-track record
> 
> 
> >
> > "If one tries to fight these forces they will be destroyed.
If one
> > can unite and redirect these forces to
> > ones advantage, one should be able to progress quite
swiftly."
> >
> >
> > Sounds like a re-run of Kung Fu.
> > Grasshopper, my son, be of unity with the universe.
> > Now catch this fly in my soup.
> >
> > Please enlighten me, how does one unite and redirect these forces

to
> > ones advantage?
> >
> > How do I redirect a drought in the midwest, terrorist attack 
crashing
> > the S & P , lumber import regulations vs. canadian exports?
> >
> > Fundamentals, schmundamentals, blah, blah.
> >
> > I have the force, the unity, the polarity...
> >
> > Beam me up Scotty,  for I have discovered how markets
> > work,  yet I waste my time trolling for fish.
> > Why is that?
> >
> >
> >
> >
> >
> >
> >
> > --- In realtraders@xxxx, "Norman Winski"
<nwinski@xxxx> wrote:
> > > Reinar,
> > >
> > >   From one sailor to another, when one's sailboat
hits a sand 
bar,
> > that's
> > > called running a ground and that's not a good thing.
> > >
> > >  I know it's time for me to take a vacation. Your
sailing 
metaphor
> > is
> > > starting to make sense to me.<G>  Seriously, I
agree that 
sailing
> > is a good
> > > analogy for trading, but not for the reasons you have
stated. I
> > think
> > > sailing is a good analogy for trading because in order to be
> > successful, one
> > > must join with the huge natural forces at work.  If one
tries to
> > fight these
> > > forces they will be destroyed. If one can unite and redirect

these
> > forces to
> > > ones advantage, one should be able to progress quite
swiftly.
> > >
> > >  Gann fans - the ideal position to attain maximum speed
is to 
have
> > the sail
> > > at a 45 degree angle to the wind.
> > >
> > > Nautically,
> > >
> > > Norman
> > >
> > >
> > >
> > > ----- Original Message -----
> > > From: "reinar2020" <reinar2020@xxxx>
> > > To: <realtraders@xxxx>
> > > Sent: Sunday, July 07, 2002 12:33 AM
> > > Subject: Re: [RT] forecasting-track record
> > >
> > >
> > > > Elk
> > > >
> > > > Not only will I continue to use sailing as a metaphor
but I 
will
> > > > expand the use. There are several reasons. Selling to
"the
> > traders"
> > > > market is too limiting and more imortant.... If you can
think
> > like a
> > > > sailor you can think like a profitable trader......
> > > >
> > > >
> > > > If you have ever been sailing you would know that it is
kind 
of a
> > > > zen like experience where you have a very specific
focus. All 
the
> > BS
> > > > that is provided by the media etc is gone.
> > > >
> > > > There are other advantages. Any monkey can draw an
Andrews 
line
> > and
> > > > if you read his totally incomplete "free" 60
page lit.... at 
any
> > > > time there are at least 20 or so that come in tomorrow.
So 
which
> > > > ones do you use? Rather than take the standard approach
of 
here
> > are
> > > > the lines .....let get overwhelmed with stuff that is 
useless.....
> > > >
> > > > I will focus upon about 3 kinds of sand bars and a
marker.
> > > > I did something similar in Vienna seminars and the
sucess 
rate of
> > > > the students over a long time period was very high.
> > > >
> > > > Focus upon the chicken ( the end result.. you really
want ) 
not on
> > > > the eggs.
> > > >
> > > > We look for 4 things...
> > > >
> > > > 1) sand bars (support and resistance lines) where
prices stop 
for
> > a
> > > > bar or 2 and then go through
> > > >
> > > > 2) sand bars where prices go through and then go back
to it to
> > touch
> > > > it before continuing in the proper direction
> > > >
> > > > (the above are very handy for adding on positions or
getting 
in
> > with
> > > > definable risk....the other side of the sand bar line)
> > > >
> > > > 3) and finally sand bars that are likely to produce a 
tradeable
> > > > pivot ....like i pointed out on thursday in an email I
sent 
out.
> > > >
> > > > 4) and then how to find markers (probable future pivot
points)
> > > >
> > > > Now instead of learning how to draw all of those silly
lines 
you
> > > > learned how to draw lines that produced the 
above .......wouldn't
> > > > Andrews really work .....and very easily at that?
> > > >
> > > > Oh by the way did you ever learn what the Andrews
"ROS" line 
was?
> > > > Hint....its a sand bar.
> > > >
> > > >
> > > > Regards
> > > > R
> > > >
> > > >
> > > >
> > > > --- In realtraders@xxxx, Infernal Elk
<infernalelk@xxxx> 
wrote:
> > > > >
> > > > > >>  John either you are blind or you
faded the forecast.
> > > > > >>  ...or does north mean go short to
you?
> > > > >
> > > > > >>  R
> > > > >
> > > > > maybe if you spoke in market terms rather than
cryptic 
pseudo-
> > > > poetic
> > > > > "nautical" terms, people would
understand you.
> > > > >
> > > > > if your desire is to communicate, then do so
CLEARLY.  if 
your
> > > > desire
> > > > > is to tease and to draw people in to buy your
product 
you'll do
> > > > better
> > > > > to speak clearly as well.
> > > > >
> > > > > we're not sailors.  we're traders.
> > > > >
> > > > > - *lk
> > > >
> > > >
> > > >
> > > > To unsubscribe from this group, send an email to:
> > > > realtraders-unsubscribe@xxxx
> > > >
> > > >
> > > >
> > > > Your use of Yahoo! Groups is subject to
> > http://docs.yahoo.com/info/terms/
> > > >
> > > >
> >
> >
> >
> > To unsubscribe from this group, send an email to:
> > realtraders-unsubscribe@xxxx
> >
> >
> >
> > Your use of Yahoo! Groups is subject to 
http://docs.yahoo.com/info/terms/
> >
> >

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