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Jeff,
I don't believe in trading...put 20 traders in a room....
Half will buy...half will sell...and 19 will lose money.
Therefore I conclude trading is pointless.
LOL....sound stupid Jeff? Of course it is./...just as your statement
About Elliott Wave is POINTLESS.....
How narrow minded are people that say a method or tool doesn't work
Because they can't make it work...LOL It proves only that YOU
Can't make it work....passing this information on helps no one,
And in fact may turn someone away from trying something that can work
for
THEM!!
Try saying something constructive Jeff, or people simply wont listen
To what you have to say any more.
Adrian
> -----Original Message-----
> From: jeff97_98_1998 [mailto:jprroth@xxxxxxxxxxx]
> Sent: Thursday, 11 July 2002 12:35 AM
> To: realtraders@xxxxxxxxxxxxxxx
> Subject: [RT] Re: forecasting-track record
>
>
> Karen,
> 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
> > > > >
> > > > >
> > > > >
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> > > > >
> > > > >
> > >
> > >
> > >
> > > To unsubscribe from this group, send an email to:
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> > >
> > >
> > >
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> > >
> > >
>
>
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