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Re: [RT] Re: forecasting-track record



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I thought that advice was extremely helpful.  He 
potentially saved this woman (not the Mary woman, the Karen woman) many wasted 
years of learning to count waves only to find out they don't work.  Not to 
mention the thousands of $'s spent on software.
 
And you know, that analogy about rusty water stains on the 
wall was a good one.  But I guess you were seeing too much red by that time 
to see the message.  Of course, computers can be programmed to see things 
that aren't there, too.  EW3 is probably a good example.
 
Fortunately, no one has programmed a computer to be offended 
when someone makes a harmless religious reference.  Next thing you know, 
they'll be programming them to get offended when someone doesn't make the 
correct religious reference.  Face-It.
 
Kent
 
 
----- Original Message ----- 
From: <A 
href="mailto:Duke.Jones@xxxxxxxxxxxxxxxxxxxxxx"; 
title=Duke.Jones@xxxxxxxxxxxxxxxxxxxxxx>Duke Jones - Portfolio Manager 

To: <A href="mailto:realtraders@xxxxxxxxxxxxxxx"; 
title=realtraders@xxxxxxxxxxxxxxx>realtraders@xxxxxxxxxxxxxxx 
Sent: Wednesday, July 10, 2002 11:07 AM
Subject: RE: [RT] Re: forecasting-track record


<FONT color=navy face=Arial 
size=2><SPAN 
style="FONT-FAMILY: Arial; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Jeff,
<FONT color=navy face=Arial 
size=2><SPAN 
style="FONT-FAMILY: Arial; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> 
<FONT color=navy face=Arial 
size=2><SPAN 
style="FONT-FAMILY: Arial; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">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. 
<FONT color=navy face=Arial 
size=2><SPAN 
style="FONT-FAMILY: Arial; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> 
<FONT color=navy face=Arial 
size=2><SPAN 
style="FONT-FAMILY: Arial; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">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. 

<FONT color=navy face=Arial 
size=2><SPAN 
style="FONT-FAMILY: Arial; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> 
<FONT color=navy face=Arial 
size=2><SPAN 
style="FONT-FAMILY: Arial; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">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. 

<FONT color=navy face=Arial 
size=2><SPAN 
style="FONT-FAMILY: Arial; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> 
<FONT color=navy face=Arial 
size=2><SPAN 
style="FONT-FAMILY: Arial; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">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.
<FONT color=navy face=Arial 
size=2><SPAN 
style="FONT-FAMILY: Arial; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> 
<FONT color=navy face=Arial 
size=2><SPAN 
style="FONT-FAMILY: Arial; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Duke 

<FONT color=navy face=Arial 
size=2><SPAN 
style="FONT-FAMILY: Arial; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> 
<FONT color=navy face=Arial 
size=2><SPAN 
style="FONT-FAMILY: Arial; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> 
<FONT color=navy face=Arial 
size=2><SPAN 
style="FONT-FAMILY: Arial; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> 
<FONT color=black face=Tahoma 
size=2><SPAN 
style="COLOR: black; FONT-FAMILY: Tahoma; FONT-SIZE: 10pt">-----Original 
Message-----From: 
jeff97_98_1998 [mailto:jprroth@xxxxxxxxxxx]<SPAN 
style="FONT-WEIGHT: bold">Sent: Wednesday, July 10, 2002 9:35 
AMTo: 
realtraders@xxxxxxxxxxxxxxx<SPAN 
style="FONT-WEIGHT: bold">Subject: [RT] Re: forecasting-track 
record
<FONT face="Times New Roman" 
size=3><SPAN 
style="FONT-SIZE: 12pt"> 
<FONT color=black 
face="Courier New" size=2><SPAN 
style="COLOR: black; FONT-FAMILY: 'Courier New'; FONT-SIZE: 10pt">Karen,<FONT 
color=black face="Courier New" size=2><SPAN 
style="COLOR: black; FONT-FAMILY: 'Courier New'; FONT-SIZE: 10pt; mso-fareast-font-family: 'Courier New'">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 get20 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> > <A 
href="http://docs.yahoo.com/info/terms/";>http://docs.yahoo.com/info/terms/> 
> > >> > > >> 
>> >> >> > To 
unsubscribe from this group, send an email to:> > 
realtraders-unsubscribe@xxxx> >> 
>> >> > Your use of Yahoo! Groups is 
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