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Strategies & Market Trends : Technical Analysis - Beginners

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To: gonzongo who wrote (7523)	1/4/1998 4:03:00 PM
From: Richard Estes	Read Replies (1) of 12039

"Never believe anyone- use evidence to determine conclusions" Agree, especially on buying and selling and market direction. Disagree, ears and eyes should remain open. We are not all the same in our abilities or expertise in certain areas. Some can't evaluate evidence because of pre-concieved notions; therefore, they can't see the forest for the trees. If they took the suggestions and rationally tested the evidence, they could include or exclude those things that rang a chord with their mindset. We all might be intelligent, but we might not view the same reality. I often find people making terrible errors in their system building or software usage. They expect you can make big money without study, work, or effort. Remember once a person reported a system that was great, he never noticed he did not have a sell built in. so it bought on a breakout and when he looked at good canslim stocks that kept going, he was in a buy and hold. I discovered it when he was telling everyone to stay the course on a stock because his system hadn't given a sale. And it never would. look and listen to those that have no hidden adgenda, but only take advice after you have made it yours.

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