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It would have to be a well trained human eye and brain.
The eyes fool so many people. My eyes and brain are not well trained. I
have to let my computers do the work.
----- Original Message -----
From: "EarlA" <earl.a@xxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Tuesday, January 07, 2003 10:20 AM
Subject: Re: [RT] Wheel Reinvention?
> I am saying that the trained human eye and brain are capable of pattern
> discrimination and analysis in context which would require a massive
> programming effort to duplicate. The major investment banks and investment
> research firms may very well have undertaken such work, however it seems
to
> be beyond the realm of what is feasible for small traders.
>
> Earl
>
> ----- Original Message -----
> From: "Clyde Lee(SBCY)" <clydelee@xxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Tuesday, January 07, 2003 11:13 AM
> Subject: Re: [RT] Wheel Reinvention?
>
>
> > Are you saying that it is not possible to mathematically define
> > patterns that are profitable ? ?
> >
> > Clyde
> >
> > - - - - - - - - - - - - - - - - - - - - - - - - - - - -
> > Clyde Lee Chairman/CEO (Home of SwingMachine)
> > SYTECH Corporation email: clydelee@xxxxxxxxxxxx
> > 7910 Westglen, Suite 105 Office: (713) 783-9540
> > Houston, TX 77063 Fax: (713) 783-1092
> > Details at: www.theswingmachine.com
> > - - - - - - - - - - - - - - - - - - - - - - - - - - - -
> >
> > ----- Original Message -----
> > From: "EarlA" <earl.a@xxxxxxxxxx>
> > To: <realtraders@xxxxxxxxxxxxxxx>
> > Sent: Tuesday, January 07, 2003 12:05 PM
> > Subject: Re: [RT] Wheel Reinvention?
> >
> >
> > > The mathematical can smooth and obscure the true price action ... one
> > needs
> > > to learn to read and interpret the price and volume patterns. I'm not
> > saying
> > > that the math is not useful, however the best clues are generally
found
> in
> > > price and volume patterns.
> > >
> > > Earl
> > >
> > > ----- Original Message -----
> > > From: "ira" <mr.ira@xxxxxxxxxxxxx>
> > > To: <realtraders@xxxxxxxxxxxxxxx>
> > > Sent: Tuesday, January 07, 2003 9:21 AM
> > > Subject: Re: [RT] Wheel Reinvention?
> > >
> > >
> > > > Trading is a constant educational challenge and there are a lot of
> > things
> > > > that are being developed and tested because of the computers ability
> to
> > > > process data rapidly. The thing that is bogging down a lot of
traders
> > is
> > > > just that fact. Their ability to process data. In trading
> technically
> > > the
> > > > visual is as important as the mathematical. The mind sees in
pictures
> > not
> > > > in numbers or words. One of the reasons that numbers are turned
into
> > > > graphics. The object is to have an open mind to the new, but also
to
> > > > appreciate all the work that has gone before. There is very little
> that
> > > has
> > > > been developed lately that is not based upon what has been done in
the
> > > past.
> > > > People just fool with the interpretation most of the time.
> > > > ----- Original Message -----
> > > > From: "John Cappello" <jvc689@xxxxxxx>
> > > > To: "gphx" <gphx@xxxxxxxxxxxxx>; <realtraders@xxxxxxxxxxxxxxx>
> > > > Sent: Tuesday, January 07, 2003 5:41 AM
> > > > Subject: [RT] Wheel Reinvention?
> > > >
> > > >
> > > > >
> > > > > FWIW
> > > > >
> > > > > 1. Time heals all economic wounds whether they be excesses on the
> > > > > long are short side...or just boring sideways.
> > > > >
> > > > > 2. The concept that nothing has changed in making money in the
> > > > > investment world and making money now is about as sane as there
have
> > > > > been no technology changes.
> > > > >
> > > > > 3. Yes, old methods work...but so do some new methods and
ideas...I
> > > > > and others are open to both and would not like to see people fear
> > > > > posting because what they say may be unpopular.
> > > > >
> > > > > My hats off to people with an open mind and not out to castigate
> > > > > everything presented either as a concept or what an individual is
> > > > > proud of.
> > > > >
> > > > > Sincerely,
> > > > >
> > > > > John
> > > > >
> > > > >
> > > > >
> > > > > ------------------ Reply Separator --------------------
> > > > > Originally From: "gphx" <gphx@xxxxxxxxxxxxx>
> > > > > Subject: Re: [RT] Which wheel???
> > > > > Date: 01/07/2003 01:03am
> > > > >
> > > > >
> > > > > Message'Time is more important than price. When time is up, the
> > > > > market will move, regardless of whether the price target was
> > > > > reached'. - W. D. Gann
> > > > >
> > > > > Just a thought.
> > > > >
> > > > > Darrin
> > > > >
> > > > > ----- Original Message -----
> > > > > From: Sean Cassidy
> > > > > To: realtraders@xxxxxxxxxxxxxxx
> > > > > Sent: Monday, January 06, 2003 6:29 PM
> > > > > Subject: [RT] Which wheel???
> > > > >
> > > > >
> > > > > Thats a bit of my issue as well. If you are willing and able to
do
> > > > > the work, it is still hard to know which direction to pursue. I
> think
> > > > > that given current market conditions, my most likey avenue of
succes
> > > > > would be to trade a market or markets, probably not the S&P, 5 to
7
> > > > > times a day. But there are so many varied opinions out there, its
> > > > > hard to tell which are valid and which may be less effective.
> Without
> > > > > getting defensive, it reminds me of the PC issues I had a few
weeks
> > > > > ago. I had responses taking me in about 10 directions (all
> > > > > constructuve, and I appreciate that) and it turned out that my pc
> was
> > > > > just clogged, reinstalling windows 98 seems to of fixed the
problem.
> > > > > In short, I still am not sure exactly what direction to
> > > > > pursue....although price action seems to be my preffered method.
Any
> > > > > advice will be appreciated.
> > > > >
> > > > > SMC
> > > > >
> > > > >
> > > > > To unsubscribe from this group, send an email to:
> > > > > realtraders-unsubscribe@xxxxxxxxxxxxxxx
> > > > >
> > > > >
> > > > >
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> > > > >
> > > > >
> > > >
> > > >
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> > > >
> > > >
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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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> >
> >
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> >
> >
>
>
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