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Pastimes : Ask da_cheif -- Ignore unavailable to you. Want to Upgrade?

To: Chip McVickar who wrote (5459)	9/27/2001 5:57:00 PM
From: klatt_attack	Read Replies (1) \| Respond to of 8150

i'm new to cycle work so i have yet to come to my own conclusions as to what i believe and what i don't believe. right now, i'm trying to look into different forms of analysis, evaluate them (ask myself if it does work and why), and then either throw it out or add it to my daily list of responsibilities. so far, the clx is one of the few forms of analysis i like to use. why? because it is measuring where money is moving in and out. it makes sense to me _why_ it works and i've always been a huge believer in volume analysis. the fund managers can't beat the s&p because they've got their dicks in their hands looking at p/e ratios and what not when they should be watching where the money is going. thanks for your thoughts though. i was just throwing a few things out there for people to look at. patterns i noticed that others on this thread might not have. certainly i don't expect october to unfold exactly the way april did. i was merely suggesting that october should be green like april was because the clx is pointing up and everybody hates the market.

To: Chip McVickar who wrote (5459)	9/27/2001 10:14:18 PM
From: Runomo™	Respond to of 8150

"Yes we build trend lines, moving averages, macd's, etc..., but Imo it's a false assumption to believe the future will be anything like the past...., or behave anything like the past. The underlying structure of the markets are chaotic" Chip, you make some excellent points, but please remember the market in essence is nothing but a game. Games have rules. To the extent that traders and market makers and floor specialists and financial planners etc...act and play by these rules, they make TA relevant. To da mooon...... Mo