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<span style='font-size:
10.0pt;font-family:Arial;color:navy'>John I agree with you 100%.
<span style='font-size:
10.0pt;font-family:Arial;color:navy'>
<span style='font-size:
10.0pt;font-family:Arial;color:navy'>However, <font size=2
color=navy face=Arial><span style='font-size:10.0pt;font-family:Arial;
color:navy'>Adrian<span
style='font-size:10.0pt;font-family:Arial;color:navy'> I appeal to you to
please be more polite if for no better reason than to not have our mailboxes
flooded with other people's response to your style of expression.
<span style='font-size:
10.0pt;font-family:Arial;color:navy'>
<span style='font-size:
10.0pt;font-family:Arial;color:navy'>Thanks,
<span style='font-size:
10.0pt;font-family:Arial;color:navy'>E
<span style='font-size:
10.0pt;font-family:Arial;color:navy'>
<span
style='font-size:10.0pt;font-family:Tahoma'>-----Original Message-----
From: John Cappello
[mailto:jvc689@xxxxxxx]
Sent: Saturday, July 27, 2002
11:43 AM
To: delta88343@xxxxxxx;
realtraders@xxxxxxxxxxxxxxx
Subject: [RT] Adrian/Clyde : One
Day Rally or Start of New Trend
<span
style='font-size:12.0pt'>
<span
style='font-size:10.0pt'>To List:<font size=2
face="Courier New">
In defense of Adrian and Clyde:
Adrian has always been rather tart and prickly in
making many of his
points. That does not mean his observations and
points are wrong. He
is just Adrian and I for one have just grown to
accept him as is.To
suggest "where is the Moderator" in this
case is not in my opinion
appropriate. If that were the case, Adrian would
have been gone long
ago. He does make valid points though often in a
harsh way.
Clyde has always been one of the most generous
contributors to the
list. He is not perfect and who among us is.His
enthusiasm oft times
gushes over and that leads him on to further this
list in sometimes
controversial issues. I have had disagreements
with him publicly and
privately but he means well and does his best. He
also does respond
to positive critiques. Clyde is a big guy and
knows how to shoot back
if he thinks he has been maligned.
I have learned a bit from both.
My purpose in posting this is to put it in some
kind of perspective
so this "taking sides" can end and we
can get on with it.
John
------------------ Reply Separator
--------------------
Originally From: delta88343@xxxxxxx
Subject: Re: [RT] Re: One Day Rally or Start of
New Trend
Date: 07/27/2002 11:22am
n a message dated 7/27/02 5:52:43 AM Eastern
Daylight Time,
apitt@xxxxxxxxxxxxx writes:
This is exactly the type of arrogance and
negativity that is
destroying this
list. Though what AP is asking "may" be
valid observations and
questions,
it's the manner in which they are presented which
should not be
allowed for
this list to maintain its integrity.
As I always tell my managenet staff with regards
to how they speak to
the
general employee base, which pays their wages
through their efforts,
it's not
what one says it's how you say it.
AP, you need to get off your high horse and simply
ask your questions
and
present your opinions and observations in a
positive and constructive
manner.
Just one persons opinion...I only speak for
myself.
Are there any moderators here? Apparently not.
>
> I'm sorry Clyde, I made an incorrect
assumption that I was dealing
with a
> group of traders here that
> were above average in intelligence and would
know to apply apples
and
> apples. My point in saying your
> analysis was flawed was reference to the
obvious fact that the
current
> market environment has NOTHING
> to do with the environment that existed for
the past 20 odd years.
If you
> wish to compare like with like
> you need to compare REAL bear markets with
the current activity.
The US
> has had NO bear markets in
> the past 20 years. The only obvious
ones are 1929-33 and the 70's.
All of
> this seems obvious to me.
> Its great to have the ability to take some
simple notion and crunch
it
> through 1000's of examples and tests
> but ultimately its like using a sledgehammer
to put a nail in the
wall.
> Extremely ineffective and will lead
> everyone to wrong conclusions. There is only
ONE proper way and it
involves
> an understanding and
> appreciation of markets, people, economics
and how it all
interacts.
> Markets AREN'T simple, they are
> incredibly complex, and any attempt to apply
one dimensional
analysis
> across a whole raft of environments
> will be futile. Its like saying the best
moving average will be
the least
> square fit line over the past 100 years!!
>
> By eliminating al that is incorrect Clyde, it
brings everyone one
step
> closer to the truth. Wasn't their a
famous
> genius who once said it you eliminate the
impossible, you are left
with
> whats possible?
>
> So my suggestion, even though it went over
your head, is to once
again
> suggest that you analyse where 6%
> updays occurred in GENUINE sustained bear
trends. i.e 1929-33,
1970-74 and
> the NASDAQ 2000-current.
> I'm sure your readers would be more informed
with whatever is
discovered.
> I haven't done the work, but my
> experience would suggest there were quite a
few of them, and ALL
except the
> very last one had no bullish
> implications whatsoever.
>
>
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