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<FONT face=Arial color=#0000ff
size=2>Totally agree Clyde...the power of the mind is enormous...that is obvious
when a person with a bad case of anorexia can stand in front of a mirror and
believe in their mind they are fat. Just as now, people can say they don't
predict. Just because they say it isn't so, doesn't make it so. People can
disagree over the definition of the word prediction and try to apply it in the
narrowest sense possible, and from that perspective they might be right.
But in the situation we are discussing here its fairly obvious to most that
every time we make a trade we make a prediction. Every trade IS a
BET. you can call it a trade...or an investment....its just
semantics...its still a wager with an uncertain outcome. You ca try to
convince yourself that your not predicting because your buy signal isn't saying
how much the market will rise or to what level, but they are irrelevant and
don't define what a prediction is. What professional trader in their right
mind would take a trade if they weren't PREDICTING a long run positive
expectation for it?? Perhaps some readers needs to think a little more
laterally, but every trade I make is a prediction and I have no specific targets
in time nor price. What I find in life though is that people pre programme
their minds over their lifetime, usually very early on actually, and no amount
of evidence will change that perspective as to change would be admitting your
belief system of life was false...and its a rare person capable of doing that.
<FONT face=Arial color=#0000ff
size=2>
<FONT face=Arial color=#0000ff
size=2>Adrian
<BLOCKQUOTE dir=ltr
>
<FONT
face=Tahoma size=2>-----Original Message-----From: ClydeLee (swb)
[mailto:clydelee@xxxxxxxxxx] Sent: Tuesday, 9 March 2004 1:33
PMTo: realtraders@xxxxxxxxxxxxxxxSubject: Re: [RT]
nasdaq and sp500 top
What the hell is so bad about
predicting.
I predict all the time.
I predict I will live over the night and get up
in the morning.
I predict that I will leave the house at 7-7:15
and arrive at the office in 7-15 minutes.
I predict that I will leave the office at 3:30
+/- 15 minutes and 7-15 minutes to home.
We are always PRDICTING/ANTICIPATING -- I have
never heard
so much crap for people not willing to admit that
they do predict
what will happen when they take some
action.
Semantics, semantics, BS, BS, BS ! ! ! !
Clyde
- - - - - - - - - - - - - - - - - - - - - - - - - - - -Clyde
Lee
Chairman/CEO (Home of
SwingMachine)SYTECH
Corporation email: <A
href="">clydelee@xxxxxxxxxxxx 7910
Westglen, Suite 105
Office: (713) 783-9540Houston, TX
77063
Fax: (713) 783-1092Details
at:
www.theswingmachine.com- - -
- - - - - - - - - - - - - - - - - - - - - - - - -
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
RB
To: <A
title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders@xxxxxxxxxxxxxxx
Sent: Monday, March 08, 2004 10:09
PM
Subject: Re: [RT] nasdaq and sp500
top
Well, I guess that would alos depend on
who you ask. :)
To me, making a bet has nothing to do
with making a prediction.
I don't bet or gamble, but lets say I was
making a bet on a basketball game. Lets say Duke was playing
Carolina.
I would bet on Duke because I honestly think
they are the better of the two, but I am deffinately not predicting that
they WILL win. They are not undefeated, and even if they were,
undefeated, I still would not come out and predict that they would win, but
if I had to bet, I would take Duke!
Kind of like playing black jack or
anything. You play, you bet, but of course you don't predict you are
going to win. That would be silly.
But, don't get me wrong. You can predict
and some do predict. I don't predict!
Maybe an intelligent guess,
sometimes. :)
<BLOCKQUOTE dir=ltr
>
----- Original Message -----
<DIV
>From:
Mark
Simms
To: <A
title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders@xxxxxxxxxxxxxxx
Sent: Monday, March 08, 2004 4:12
PM
Subject: RE: [RT] nasdaq and sp500
top
Here's one
related to this issue:
Is making a
BET the same as making a PREDICTION ?
<FONT color=#0000ff
size=2>
<BLOCKQUOTE
>
<FONT face=Tahoma
size=2>-----Original Message-----From: RB
[mailto:rhodes@xxxxxxxxxxxxxx]Sent: Monday, March 08, 2004
9:53 PMTo: <A
href="">realtraders@xxxxxxxxxxxxxxxSubject:
Re: [RT] nasdaq and sp500 top
Another point about your
email.
You seem to be talking about the
10%-20% who make make some money. How about the 80%-90% that
lose?
Are they predicting and are just
wrong?
Maybe that is one of my main
points.
YES, you can predict! But, most
of the time it is wrong.
But, now back to me. I don't
predict. And why you, say that I can and do predict is beyond
logic.
I don't even know what happened in most
markets yesterday. Why in the world you think I can predict the
future, is silly.
So, YES, I fail to see the
obvious!
Also remember, if you see the nose on your
face, you are spending too much time in front of a mirrow.
<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>
<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.
<FONT face=Arial color=#0000ff
size=2>End of story...to disagree with this is to stick ones head in
the sand and argue semantics. If you make
money
<FONT face=Arial color=#0000ff
size=2>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> >> >> >> >>
>>
>>>>>>>>>
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