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Thanks Bob.
It was getting tiresome.
Whether or not we agree with Ben’s analysis, he has the
courage and the generosity to put it out there for the review of the group and
for that he should be thanked.
Regards,
Bob Pardo
From:
realtraders@xxxxxxxxxxxxxxx [mailto:realtraders@xxxxxxxxxxxxxxx] On Behalf
Of Robert Arbuckle
Sent: Tuesday, July 08, 2008 5:14 PM
To: realtraders@xxxxxxxxxxxxxxx
Subject: Re: [RT] short term
I've asked politely for these "shots" at each
other to stop. Now, I am telling you to stop them. This goes for
the entire list! I may not be the best moderator for Realtraders but I
vowed from the day I took the job that the list would not turn into a personal
bashing contest. Violaters will be removed with no further warning or
notice.
On Tue, Jul 8, 2008 at 4:13 PM, <delta88343@xxxxxxx> wrote:
Well here is one "not so smart" person, because I found
your comments sarcastic and insulting.
Perhaps somehow I missed all your regular daily & weekly
projections and contributions.
I'll have to look some more.
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.
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.
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.
Gas prices getting you down? Search AOL Autos for fuel-efficient used cars.
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