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RE: [RT] Re: forecasting-track record



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<FONT face=Arial color=#0000ff 
size=2>Kent,
<FONT face=Arial color=#0000ff 
size=2> 
Your 
wrong.  His advice was extremely damaging.  Who is he to say to a 
person not to go
down 
this path of learning because even though others claim it works, I can't, so 
therefore you wont
be 
able to either.  That is extremely biased, extremely narrow minded, 
extremely ignorant and extremely
<FONT face=Arial color=#0000ff 
size=2>naive.  We all see things differently, and every single trader has 
to do the full circle of learning before they
can 
feel comfortable with the way they trade.  To circumvent that learning 
process only leads them down
the 
path of eventual ruin.
<FONT face=Arial color=#0000ff 
size=2> 
<FONT face=Arial color=#0000ff 
size=2>Adrian
<BLOCKQUOTE 
style="PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #0000ff 2px solid; MARGIN-RIGHT: 0px">
  
  <FONT 
  face=Tahoma size=2>-----Original Message-----From: Kent Rollins 
  [mailto:kentr@xxxxxxxxxxxxxx] Sent: Thursday, 11 July 2002 2:02 
  AMTo: realtraders@xxxxxxxxxxxxxxxSubject: Re: [RT] Re: 
  forecasting-track record
  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 
  title=Duke.Jones@xxxxxxxxxxxxxxxxxxxxxx 
  href="mailto:Duke.Jones@xxxxxxxxxxxxxxxxxxxxxx";>Duke Jones - Portfolio 
  Manager 
  To: <A title=realtraders@xxxxxxxxxxxxxxx 
  href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx 
  
  Sent: Wednesday, July 10, 2002 11:07 AM
  Subject: RE: [RT] Re: forecasting-track record
  
  
  <FONT face=Arial color=navy 
  size=2><SPAN 
  style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 12.0pt">Jeff,
  <FONT face=Arial color=navy 
  size=2><SPAN 
  style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 12.0pt"> 
  <FONT face=Arial color=navy 
  size=2><SPAN 
  style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; 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 face=Arial color=navy 
  size=2><SPAN 
  style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 12.0pt"> 
  <FONT face=Arial color=navy 
  size=2><SPAN 
  style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; 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 face=Arial color=navy 
  size=2><SPAN 
  style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 12.0pt"> 
  <FONT face=Arial color=navy 
  size=2><SPAN 
  style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; 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 face=Arial color=navy 
  size=2><SPAN 
  style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 12.0pt"> 
  <FONT face=Arial color=navy 
  size=2><SPAN 
  style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; 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 face=Arial color=navy 
  size=2><SPAN 
  style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 12.0pt"> 
  <FONT face=Arial color=navy 
  size=2><SPAN 
  style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 12.0pt">Duke 
  
  <FONT face=Arial color=navy 
  size=2><SPAN 
  style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 12.0pt"> 
  <FONT face=Arial color=navy 
  size=2><SPAN 
  style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 12.0pt"> 
  <FONT face=Arial color=navy 
  size=2><SPAN 
  style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 12.0pt"> 
  <FONT face=Tahoma color=black 
  size=2><SPAN 
  style="FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Tahoma">-----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 face="Courier New" 
  color=black size=2><SPAN 
  style="FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: 'Courier New'">Karen,<FONT 
  face="Courier New" color=black size=2><SPAN 
  style="FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: 'Courier New'; 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 
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  > > >> > > >> 
  >> >> >> > To 
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  >> >> > Your use of Yahoo! Groups is 
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