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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: Benkea who wrote (228)6/27/1999 4:36:00 PM
From: pater tenebrarum  Respond to of 19219
 
Benkea, you're asking the wrong person. i guess J.T. wanted to have his very own thread - nothing wrong with that. having several threads looking at the same topic may serve to promote a diversity of views; there is always a danger that one gets married to one's preconceptions of what the market should do, which makes additional perspectives valuable. btw, you could say that the Kahuna thread is also concerned with MDA.

regards,

HB



To: Benkea who wrote (228)6/28/1999 12:25:00 AM
From: J.T.  Respond to of 19219
 
Benkea, I started this thread with emphasis on utilizing various MARKET INDICES as tools for TECHNICAL ANALYSIS on day to day basis. As you can see, I currently track 33 indices daily open, high, low, close. EVERYDAY. This takes much effort, but I assure you it has propelled me to sharpen my skills, be rewarded for correct calls, create tremendous value for clients and give better and more accurate read of markets.

I plan on adding more tools which will require even more effort. I suppose I could just keep track of indices for myself, but I would rather share it for the world with no expectations or thanks in return. Surely I am heartened and deeply moved when lurkers come out and say "thanks". This is greatest form of appreciation and love.

In the world today, many a times the motto has become: GET ALL I CAN; CAN (HOARD)ALL THE MONEY I GET, AND SIT ON THE CAN. ME, ME, ME MENTALITY. I CALL IT EVERYONE'S FAVORITE RADIO STATION: (WII-FM) WHAT'S IN IT FOR ME PHILOSOPHY.

I'm sure this thread might seem like another hybrid of other threads to you. Only you can be the judge of that. I felt compelled to start this thread so I could "TRULY OPEN UP MY THOUGHTS OF MARKETS WITHOUT PERMEATING THE SANCTITY OF ANY OTHER THREAD." THERE ARE MANY EXCELLENT THREADS OUT THERE, I PLACE IDEA AT TOP OF THE LIST.

as for the can analogy; success comes in cans, not in can nots.

I can give freely of my thoughts and I learn twice as much from others in return.

HOPE THIS HELPS.

BEST, J.T.