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To some people maybe. But, I use indicators etc. and predict nothing. If
my indicators show buy. I buy. Nothing to do with me predicting anything
at all. And that is good. My opinions and predictions are usually not too
good. In other words I would be wrong to often. I like to use charts and
let my indicators etc. do the work. I leave the predictions to the psycics.
As far as taking trades. I am predicting nothing. What would make you
think I could or would predict anything?
I take the signals, use stops and don't worry about it.
Kind of like any bussiness, games or anything in life. We can't predict if
we will win, but we can prepare and do our best and hope things work out.
Yes, I know Broadway Joe predicted the jets win over the colts. Some
things can't be explained! :) But, most teams prepare and hope for the
best, but can't predict the out come.
If i would have tried, I would have probably predicted the last 5 tops in
the stock market that didn't happen. LOL!
Many others have done this many, many times.
I guess some try to predict? I don't predict anything!
----- Original Message -----
From: "ClydeLee (swb)" <clydelee@xxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Sunday, March 07, 2004 3:24 PM
Subject: Re: [RT] nasdaq and sp500 top
> 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
>
> - - - - - - - - - - - - - - - - - - - - - - - - - - - -
> 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: "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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> Yahoo! Groups Links
>
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