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RE: [RT] Head and Shoulders...one more time..



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I'm sure Victor is still making all the same mistakes as he ever
was...just being more
Conservative this time...He'll still blow up if we give him enough time.

Just because someone shows you 'official' research on pattern analysis,
does not make
It so.  Most are so full of flaws they aren't even worth reading.  

There conclusion any way was "Head and Shoulder trading is unprofitable"
What has that got to do with whether THIS pattern is valid???  NOTHING.

People who have a brain and understand markets know this pattern has an
extremely
High probability of being valid.  And the more people dismiss it the
higher the rating
Becomes...its damn easy actually.

Adrian

> -----Original Message-----
> From: M. Simms [mailto:prosys@xxxxxxxxxxxxxxxx] 
> Sent: Friday, 26 July 2002 5:11 AM
> To: realtraders@xxxxxxxxxxxxxxx
> Subject: RE: [RT] Head and Shoulders...one more time..
> 
> 
> WHAT ARE YOU TALKING ABOUT.....HE PROVIDES 2 SOURCES OF 
> INTENSIVE RESEARCH HERE... there is are no talking heads involved.
> 
> Yeah, Vic got cocky and blew himself out by shorting options 
> with no cover... so what ? Could happen ONCE to anyone. I 
> don't think we've had such a drastic one-day drop in 
> history.... as that day he went down. Ask him if he is 
> shorting options today without at least a partial cover.
> 
> 
> 
> > -----Original Message-----
> > From: trade [mailto:pwcm@xxxxxxxx]
> > Sent: Thursday, July 25, 2002 2:02 PM
> > To: realtraders@xxxxxxxxxxxxxxx
> > Subject: Re: [RT] Head and Shoulders...one more time..
> >
> >
> > Well Vic blew his hedge fund out of the water. So he is not 
> the best 
> > source of what is real or not. So far the pattern has worked fairly 
> > well on the sp
> > 500. I would sure keep an eye on the pattern, and judge for
> > yourself instead
> > of listening too the talking heads weather it's real or not.
> > ----- Original Message -----
> > From: "M. Simms" <prosys@xxxxxxxxxxxxxxxx>
> > To: "RealtradersList" <realtraders@xxxxxxxxxxxxxxx>
> > Sent: Thursday, July 25, 2002 9:32 AM
> > Subject: [RT] Head and Shoulders...one more time..
> >
> >
> > > http://moneycentral.msn.com/content/p27221.asp?special=msn
> > >
> > > ole Vick debunks Murphy and other pattern prognosticators.
> > >
> > > Based on H&S, Nasdaq going negative ? that's a good one !
> > >
> > >
> > >
> > >
> > >
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> > >
> > >
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> > >
> >
> >
> >
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> 
> 
> 
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