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<FONT face=Arial color=#0000ff
size=2>RB,
<FONT face=Arial color=#0000ff
size=2>
You
fail to see the obvious. When you take a buy signal based on your
indicators you ARE making a prediction.
End of
story...to disagree with this is to stick ones head in the sand and argue
semantics. If you make money
from
your trades on balance, by definition your tools are making an accurate forecast
just as you intended them to.
<FONT face=Arial color=#0000ff
size=2>Perhaps not in the narrow sense you <SPAN
class=250321708-08032004>may think, but a
forecast they are making. I'll leave it to you to work out what that exactly
is...but its as plain as the nose on your face :)
<FONT face=Arial color=#0000ff
size=2>
<FONT face=Arial color=#0000ff
size=2>Cheers,
<FONT face=Arial color=#0000ff
size=2>Adrian
<BLOCKQUOTE
>
<FONT
face=Tahoma size=2>-----Original Message-----From: RB
[mailto:rhodes@xxxxxxxxxxxxxx] Sent: Monday, 8 March 2004 1:43
PMTo: realtraders@xxxxxxxxxxxxxxxSubject: Re: [RT]
nasdaq and sp500 topTo some people maybe. But,
I use indicators etc. and predict nothing. Ifmy indicators show
buy. I buy. Nothing to do with me predicting anythingat
all. And that is good. My opinions and predictions are usually not
toogood. In other words I would be wrong to often. I like to
use charts andlet 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 youthink 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
ifwe 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.
Somethings can't be explained! :) But, most teams prepare and
hope for thebest, but can't predict the out come. If i would
have tried, I would have probably predicted the last 5 tops inthe 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
PMSubject: 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 Gatesin> 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
closeto> > being the richest on their block. :) Most
likely not even the richestin> > 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 cantrade> > 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 wouldown> >
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 potentialis> >
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> >> >> >> >>
>>
>>>>>>>>> Yahoo!
Groups Links>>>>>>
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