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Re: [RT] nasdaq and sp500 top



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One can not predict the future with 100% reliability, but one can trade with
a very high degree of probability, 80%+.  As for owning the world, not with
the current liquidity.


----- Original Message -----
From: "RB" <rhodes@xxxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Sunday, March 07, 2004 1:41 PM
Subject: Re: [RT] nasdaq and sp500 top


> The future can not be predicted period.  If one could, they would own the
> world.  But, since one can't, we are in the same boat. :)  Run don't walk
> from someone saying this or that predicts this or that.
>
> ----- Original Message -----
> From: "Alex Bell" <alex_bell@xxxxxxx>
> To: "profitok" <realtraders@xxxxxxxxxxxxxxx>
> Sent: Sunday, March 07, 2004 7:01 AM
> Subject: Re: [RT] nasdaq and sp500 top
>
>
> > Hello Ben,
> >
> > I  have overlaid it over Wilshire 5000 index portfolio (symbol WINDX).
> > See  attached.  As  far  as  I can see (and of course I may be missing
> > smth.)  for the last year the study predicted about 5 tops that didn't
> > occur and suggested no one long (didn't predict any bottom).
> >
> > Best regards,
> >  Alex                            mailto:alex_bell@xxxxxxx
> >
> >
> > Sunday, March 7, 2004, 8:14:26 AM, you wrote:
> >
> > p> Hello
> >
> > p> this is my long term trading
> > p> it is done on the weekly  bars of the  whilshire 5000
> > p> (almost all stocks traded)
> >
> > p> when the line reaches the top it is a good time to exit your
> conservative money  and 401K and IRA
> >
> > p> right now we are  VERY close to a top  (max upside  potential is  250
> whilshire  5000 points)
> >
> > p> the chrt is  reduced to a 1/10  of value (current close 11314)
> > p> Ben
> >
> >
> >
> > Yahoo! Groups Links
> >
> >
> >
> >
> >
>
>
>
>
>
> Yahoo! Groups Links
>
>
>
>



 
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