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I didn't say EW didn't work.
I said I don't believe in it.
My post does not contain "Pointless".
It was an opinion.
I did not say that I have factual proof
of it's utility, or the lack there of.
I still do not believe in it.
Does that statement say it does not work?
I think someone else in the thread might have said
"Pointless"
--- In realtraders@xxxx, "Adrian Pitt" <apitt@xxxx> wrote:
> 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@x...]
> > Sent: Thursday, 11 July 2002 12:35 AM
> > To: realtraders@xxxx
> > 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:
> > > > realtraders-unsubscribe@xxxx
> > > >
> > > >
> > > >
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> > > >
> >
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