[RT] Re: trading with Alpha/betha, RealTraders Email List Archive

it suggests to buy ford and gm for next week

----- Original Message -----
From: Rakesh Kumaar Sahgal
Date: Saturday, February 23, 2008 12:28 am
Subject: Re: [RT] Download Free Elliott Wave Theorist (normally priced at $29)
To: realtraders@xxxxxxxxxxxxxxx

> Very well said Doctor Narayan.
>
> This is why Ben, Earl, Ira and others like them who have a well
> thought out methodology/system are consistently successful over
> different markets and over different market cycles.
>
> They are able to tackle successfully (a) any aberrations in
> price behaviour(as per the parameters of their methods/systems)
> that they might encounter because they are essentially tackling
> two human emotions greed & fear, and (b) are not sidetracked by
> changes in magnitudes of the market's movements which again are
> essentially no more than manifestations of the levels of the
> greed/fear prevailing at a given point in time.
>
>
> Rakesh
>
>
> pt@xxxxxxxx wrote: Bob,
>
> In and thru all those changes that you spoke about from 1929
> thru today, one thing that does not change is the human nature
> of greed and fear and hope and anxiety.
> All our actions are as a result of our thoughts that emerge from
> emotions created by desires at our intellect levels. This can
> never change whether we are trading stocks, bonds, commodities,
> mutual funds or ADRs......and it will ever remain thus.
> This is how the past repeats into the future.
>
> Dr.Narayan
>
> ----- Original Message -----
> From: RB
> Date: Saturday, February 23, 2008 11:40 am
> Subject: Re: [RT] Download Free Elliott Wave Theorist (normally
> priced at $29)
> To: realtraders@xxxxxxxxxxxxxxx
>
> >
> > I would have to agree with most of this.
> > I also had the understanding, that the Elliott Wave Theorist
> over
> > all had a fair to good track record, when compared to offer
> > newsletters-gurus as far as their recomendations.
> > As far as the predictions. I would think theirs would be like
> > most. Not very usefull at all.
> >
> >
> > ----- Original Message -----
> > From: Ira
> > To: realtraders@xxxxxxxxxxxxxxx
> > Sent: Friday, February 22, 2008 12:17 PM
> > Subject: Re: [RT] Download Free Elliott Wave Theorist
> (normally
> > priced at $29)
> >
> >
> >
> > In every profession there are people that get stuck in their
> own
> > belief system and can make what ever they see conform to what
> they
> > want it to look like. As for history not repeating itself, I
> will
> > have to disagree with you. All technical analysis is based
> upon
> > the fact that certain things continue to happen with a great
> > degree of consistence. That is what make technical analysis
> work.
> > The thing that gets in the way is the human factor. This is
> the
> > case in every failed enterprise as well as every success.
> >
> > Those who can understand what they are looking at and how to
> use
> > that knowledge will always succeed. Those that follow rotely
> are
> > doomed to fail at some point. It is the ability to apply the
> > knowledge with as little bias as possible that creates
> success.
> > That is one of the reasons that I preach, look at both moves
> up
> > and down all the time. What has to happen for prices to rise
> and
> > what has to happen for prices to fall? The problem with most
> > traders is that they only look in one direction and caught up
> in
> > their belief system and don't look at what will make their
> > decision wrong. They usually use financial pain as an exit
> level
> > rather than a price point that says they are wrong.
> >
> > I have used the same system for over 35 years and never had
> to
> > change it, adjust it or tweak it and it has worked
> successfully in
> > all kinds of markets and it still works today. So does
> history
> > repeat itself? All of the time. Minute by minute to year
> after
> > year.
> >
> > Just one man's opinion,
> > Ira
> > www.delta100.com
> > ----- Original Message -----
> > From: BobsKC
> > To: realtraders@xxxxxxxxxxxxxxx
> > Sent: Friday, February 22, 2008 7:35 AM
> > Subject: Re: [RT] Download Free Elliott Wave Theorist
> > (normally priced at $29)
> >
> >
> > Just Prector .. He's been predicting doom all through out
> the
> > bull market we've been in including through nearly all of the
> tech
> > bubble which would have wiped out most people following his
> > advice. He now admits to under-estimating the length of wave
> C
> > but only after no one had any money left who had been
> believers.
> > His view is that even though the market makeup changes, people
> do
> > not change but even that is flawed because when he looks at
> the
> > conditions in 1929, the people in that market had an entirely
> > different geographical and financial makeup than today. There
> was
> > no one world market.. no world economy, no ADR's. Stocks were
> > being purchased for .10 on the dollar. I wasn't alive then
> but I
> > don't believe there were mutual funds. So, the players are
> vastly
> > different, the game is different and the rules are different
> but
> > he doggedly sticks to his theme that it's all the same and
> history
> > will repeat itself. A view that has been extremely costly to
> his
> > followers.
> >
> > Bob
> >
> > At 12:39 AM 2/22/2008, you wrote:
> >
> >
> >
> >
> > Does this mean you're not a Prector fan or not an Elliot
> > Wave fan?
> >
> > Just curious if there is a distinction, and if so, why?
> >
> > Thanks
> >
> >
> >
> > In a message dated 2/22/2008 12:03:38 A.M. Eastern
> Standard
> > Time, bobskc@xxxxxxxxxxxx writes:
> >
> >
> >
> > Prector is still around huh? Every time the market
> sinks
> > a bit, his name returns to the media so it's not really
> surprising
> > I guess. By the time he was right about the markets from the
> > '90's, his followers had to all be busted but I guess there is
> a
> > new crop now.
> >
> >
> > Bob
> >
> >
> > At 10:31 PM 2/21/2008, you wrote:
> >
> >
> >
> > Download Free Elliott Wave Theorist (normally priced
> at
> > $29)
> >
> > EIliott Wave International is giving away one of Bob
> > Prechter's most recent Elliott Wave Theorists. You can read
> his
> > publication free of charge. Single issues are normally priced
> at $29.
> >
> >
> > http://www.elliottwave.com/a.asp?url="">> > theorist.aspx?code=aff&cn=6tgt
> >
> >
> > ---------------------------------------------------------------
> ----
> > ---
> >
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> >
> >
> >
> >
> >
> >
> >
> > ---------------------------------------------------------------
> ----
> > -------
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> >
> >
> >
> >
>
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