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To: Teresa Lo who wrote (5613)2/11/2001 10:14:33 AM
From: Teresa Lo  Read Replies (1) | Respond to of 8925
 
A post to un-moderated Stock Attack thread:

To: Chris who wrote (42519)
From: Teresa Lo Sunday, Feb 11, 2001 10:13 AM
Respond to of 42520

I just saw these last two posts, and I have read them carefully.

At the risk of sounding like I am defending Jeffry, which I am not, since I was never part of this discussion over the long term, my first impression is that he is trying to point out that dogmatic adherence to an opinion is not necessary.

I have seen my own work dissected by Don and Paul as an example of "error" on this thread, but cannot find the post at this moment. To me, it matters not what anyone thinks, because I put my work out in the public domain and have been beaten and flogged over any kind of "bearish" analysis over and over, but I am sure others might not have such "teflon" skin.

Teresa
Message 15334005



To: Teresa Lo who wrote (5613)2/11/2001 11:09:45 AM
From: isopatch  Read Replies (1) | Respond to of 8925
 
Well said Teresa. Dogmatism and intolerance

of the views of others is evidence of personality flaws we usually see in late arrivals after every long bull market. A couple years of success and they believe their are infallible. If the case when such an individual is afflicted both with this "perma" strait jacket of inflexibility AND are outspoken proponents of same? Any good contrarian case presented is a target for immoderate even nasty criticism until the other individual(s) eventually loose patience and a dust up occurs.

Witnessed the rising wedge example the Stock Attack thread. Also seen it happen many times with various people on the Market Direction Discussion thread. Not to mention some of the, now notorious, "food fights" among the oil and gas roughnecks on the SD thread over the past several years.

Look forward to discussing charts, TA and other market stuff with you. Think I'm going to like your thread.

Best

Isopatch



To: Teresa Lo who wrote (5613)2/11/2001 12:20:26 PM
From: Chris  Read Replies (1) | Respond to of 8925
 
good morning teresa,

I appreciate your kind response and your efforts to list out the discussion links for the rising wedge. Again, im not speaking on behalf of donald or paul. Just wanted to share my own charts with you.

As with TA, it's important to spot the pattern early (as you did) and trade/plan the strategy around it.

In fact, I did couple charts which i posted depicting the rising wedges as you did. (purple)

geocities.com

geocities.com

After the break down of the rising wedge, I turned my focus to the rising channel

geocities.com

Which also broke down from the channel

geocities.com

I enjoy this stuff (as you do), and I use it also as a trading tool for me to learn from my own mistakes and trading errors. Call it my own trading journal in graphic form.

keep up the good work teresa.



To: Teresa Lo who wrote (5613)2/13/2001 2:10:34 PM
From: Teresa Lo  Read Replies (1) | Respond to of 8925
 
SO..."No, it's Not!" continues!

Further to this post Message 15333982 we watch additional developments in Dogma Land:

Feb 11 - It's a channel?
Message 15334703
It's a Wedge!
siliconinvestor.com
No, it's not!
siliconinvestor.com
Yes, it IS!
siliconinvestor.com
NO, IT is NOT!
siliconinvestor.com
Dogma!
siliconinvestor.com
NO, IT IS NOT!
siliconinvestor.com
Yes...
siliconinvestor.com
NO, IT IS ABSOLUTELY NOT!
siliconinvestor.com
Yes, yes...
siliconinvestor.com
NO, IS ABSOLUTELY, IRREVOCABLY NOT!!!
siliconinvestor.com

P.S. We did identify it, on January 17. But who cares! What matters is that we made money. Not admitting defeat is a trait that buries traders in catastrophic losses. And even if you get it right with your analysis, it still does not guarantee profits!