Don’t you
love these pointless and naive statements that people love to pull out. They
help no one, prove nothing, and show a very shallow depth of thinking.
An no I’m not
attacking Joe...simply making a statement of reality.
The smart
people in this world will read my prior message, not as a criticism, but as
something helpful, not only to Ben, but to the readers of his words. Do
you think if someone kept putting up buildings or bridges that kept falling
down, we should say ‘good job son’ or remain silent? LOL Obviously...but
clearly some people don’t get it.
BTW
Joe....your smart enough and been around long enough to know that one takes
themselves, off the list. So I assume you were merely blowing hot
air...right?
If people
want something really concrete, really useful, something with practical,
tradable information, that in time can make them a lot of money, then here’s
my small contribution (see attached chart). It basically speaks for itself.
So I guess that leaves Joe in a complete quandary now.
From: realtraders@yahoogroups.com
[mailto:realtraders@yahoogroups.com] On Behalf Of Joe
Duffy
Sent: Tuesday, 8 July 2008 10:15 PM
To:
realtraders@yahoogroups.com
Subject: Re: [RT] short
term
Those that can't criticize those that do. Take me off
this list.
----- Original Message
-----
Sent: Tuesday, July 08, 2008 3:01
AM
Subject: RE: [RT] short term
Ben,
You really
need to reread stuff before sending it out. Your emails are normally
short and sweet, and often correct, although the recent call for a low was
wrong. But the material you sent below...well..let’s just say if you
published this stuff you would lose your job. It’s complete
gobbledygook.
My
interpretation of what you wrote says the market is going down until it can
build enough volume to go back up. And the longer it goes does the more
likely it will head high eventually. IS this right? Then you go onto say the
market may move...it may go higher...but then it won’t.
To be
honest, I challenge anyone to actually benefit from this information.
As I said..your stuff is normally clear cut, but this is at the opposite end
f the scale.
From: realtraders@yahoogroups.com
[mailto:realtraders@yahoogroups.com] On Behalf Of
Ben
Sent: Tuesday, 8 July 2008 3:49 PM
To:
realtraders@yahoogroups.com
Cc:
TimeandCycles@yahoogroups.com
Subject: [RT] short
term
with permit from
market volume
Short Term (lasts a few hours to a few
days): In our short term of the last session, we mentioned that ""The trend
has been that the markets will move lower in order to generate more buying
volume before moving higher and a continuation of this would not be out of
the question."
Our forward looking thought is that the possibility
remains for the index to continue this pattern as it did today. The longer
it does continue this pattern, the more the chances will increase that the
trend will be higher in the future but for the short term the index may be
weaker than stronger." Today's trading aligned with this outlook, the
markets moved lower and generated large surges of buying volume before
responding to these surges and moving higher.
The possibility is that
the index will continue to trade relatively close to these levels, it may
move, then rally higher and end up relatively unchanged. The trend lower is
still the one that is dominate, however a change may be occurring. There may
be high volatility as today's greater than 2% intra-day move can attest
to.