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You say:
" I've been following markets for close to 30 years and have never
predicted anything."
Now personally I think that is a crock.
Any time you take a trade you are predicting that prices will move in
a direction that will make you a profit or you would not take a trade.
This concept of not predicting and only reacting to the market is
definitely out of kilter with reality!!!!!!!!!!!!!!!!!!!
Clyde
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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
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----- Original Message -----
From: "RB" <rhodes@xxxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Sunday, March 07, 2004 6:49 PM
Subject: Re: [RT] nasdaq and sp500 top
> Yep. The word predict has nothing to do with trading.
> If it did we would never need stops or protection. :)
> I've been following markets for close to 30 years and have never
predicted
> anything.
> Just be careful with the ones who claim they can predict, or make a
$1,000
> a day or make 200% a week in trading etc. There are many of those crooks
on
> the net. If they could do that, they would have more money than Gates in
4
> years. Just find out their names and check to see if they are listed as
one
> of the richest peopele in the world. Odds are they are not even close to
> being the richest on their block. :) Most likely not even the richest in
> their own family. LOL!
>
>
> ----- Original Message -----
> From: "mr.ira" <mr.ira@xxxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Sunday, March 07, 2004 11:39 AM
> Subject: Re: [RT] nasdaq and sp500 top
>
>
> > 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
> > >
> > >
> > >
> > >
> >
> >
> >
> >
> > Yahoo! Groups Links
> >
> >
> >
> >
> >
> >
>
>
>
>
>
> Yahoo! Groups Links
>
>
>
>
>
>
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