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LOL! My indicators are predicting
nothing. If they could, I would never lose or have to use stops. Why
in the world do you think I can or am predicting anything. This has got to
be a joke! It is probably what the word predicting means to
me.
It is most likely a different meaning than
yours.
This is kind of what predicting means to
me.
A prediction may be something like. The
market will go up tomorrow, next week or what ever.
Trading may be something like. I got a buy
signal, but have no idea what will happen so I will put in a stop and look at
the charts tommorrow.
Or maybe for a prediction. My team will
win the next game.
Not a prediction. My team should win
the next game, because I think we are better than the other team, but anything
can happen, so time will tell.
So yes. I deffinately fail to see the
odvious. Especially when someone else that does not know me, tells me that
I predict something when I know I don't, never have and never will predict
anything. That is just silly.
My indicators are just swiggily lines on a
chart, and only a fool would think that they can predict anything. If you
or anyone else thinks that just because a swiggily line on a chart turns up or
down, crosses this or that and it means they are actually predicting something
in the future, you are just fooling yourself. I know now why it is easier
to make money selling to traders than trading.
This has become a joke. Saying some
indicators that I have and use can predict something in the future.
Maybe too much TV?
<BLOCKQUOTE dir=ltr
>
----- Original Message -----
<DIV
>From:
Adrian Pitt
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders@xxxxxxxxxxxxxxx
Sent: Monday, March 08, 2004 12:20
AM
Subject: RE: [RT] nasdaq and sp500
top
<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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