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Gold/Mining/Energy : Games Trader -- Ignore unavailable to you. Want to Upgrade?


To: goldsnow who wrote (695)6/20/1999 10:17:00 PM
From: John Paquet  Read Replies (2) | Respond to of 1239
 
To tell you the very truth, I do not want to own any stocks, I only want to trade, to exhange hands through that exchange tables like TSE , VSE, ASE, and NYSE, NASdaq etc......

I only keep them for a short while hopefully I could make some profits out of it no matter it is longs or shorts.

The ideas of this system is making money, of cuz, I have to pay lots of commission, but this day on-line trading commission is getting cheaper and cheaper, thanks for the on-line service, it definitely save me a chunk of commission, other wise that 3% in 3% out it tooklots out of me.

Now, who the hell could forecast long term picture of this stock market, who the hell could forecast that crude oil price down the road in 3-4years, who the hell could forecast that Gold prices, DOW, or NASDAQ, who the hello could forescast the interest vrates for that 3-4 years, who the hell could forecast that stuff this stuff, it has no way.

The guru that you refered to from Stock House, he used that Wave theory to forcast this DOW, the FS tells you that CCC will be $14.00,

You know that ElliotWave Theory which uses 8 waves as their guidline to forecast market behavior, why use this 8 wave, not 7 waves, not 5 waves, or that lucky numer 13 waves. Why??? Why no waves like me I used no wave theory. It is getting rediculous. Thses all kind of TA theory ; I can tell you none of them will work, all I can say is that sometime it will work, most of time will not.

As a market trader, you watch the market by using common sene and use the simplest formula, that is buy low sell hi, or sell hi and buy low.

John Paquet



To: goldsnow who wrote (695)6/20/1999 10:48:00 PM
From: John Paquet  Read Replies (2) | Respond to of 1239
 
Goldsnow, Before you asnwer my question, take a deep breath, and think it twice through your own critical thinking???? OK??? And answer cleasrly and honestly?????? OK!!!!

<Question 1> Who the hell could forecast that crude oil down the road in 3-4 years?????

<Question 2 > Who the hell could forescast that Gold price down the road in 3-4 years ????

<Question 3 > Who the hell could forecast that DOW or NASDAQ down the road in 3-4 years ????

<Question 4 > Whio the hell could forecast that inteerest rates down the road in 3-4 years ?????



Now as a market trader and using the simplest formula that I gave it to you and by using COMMON SENSE Don't you think that this trader is justlike a plumbmer, an electrician, a carpenter who go out there do their trade, or a Doctor {MD} and an optician who, practice their profession who makes money M-big-bags soon B-big-Bags etc......

Doctor trade still has to deal with 7-8 hours with patients no matter the patient is old or young, but trade in the market is much better than plumber, carpenter, or electrician, or doctor [MD} or any other trade, but you have to learn how to trade, how to make money from the exchange table by sweeping all into your money bags, not 3-4 years, YOU GIONNA BE KIDDING, MY GODSHIT, 3-4 YEARS TO MAKE A TRADE, MY GODCHITS, you gonna be kidding, who the hell could forescat this 3-4 year business, not Clinton , not Greensspan, not Al Gord, not Jean Chrechten, not every body, not GOLDSNOW.

Regards,

And good luck to you

John Paquet