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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: bobby beara who wrote (33873)4/8/2002 9:17:57 AM
From: TechTrader42  Read Replies (1) | Respond to of 52237
 
Bobby: I've taken the liberty of editing your note for clarity and content. Here's the edited version.

'My bullish predictions were dead wrong, and I should have allowed for the possibility of a correction. My reasoning was clouded by my ego and my certainty, and I lost money in the market. Next time, I'll be more open-minded.'



To: bobby beara who wrote (33873)4/8/2002 9:21:09 AM
From: TechTrader42  Read Replies (1) | Respond to of 52237
 
"did you warn your complacency followers of the impending bear flogging off the feb lows"

Incidentally, I did answer this, right after your posted. I provided a link to you, showing a buy signal I gave early in February. Pls. read your mail during your periods of semi-retirement in trading.



To: bobby beara who wrote (33873)4/8/2002 11:13:59 AM
From: TechTrader42  Read Replies (1) | Respond to of 52237
 
Incidentally, your note brings to mind some passages in Celsus' "The True Doctrine on the Market," which he wrote around 130 CE. His work was a critique of emerging technical analysis, which was still in its infancy at the time. (It's not the only TA still in its infancy, I might add. The statement, "The CSCO chart is still bunching," comes curiously to mind.)

Have you emerged from under the covers yet, and are you receiving mail? If so, here's Celsus on market prognosticators:

"Market forecasters, it is needless to say, utterly detest each other. They slander each other constantly with the vilest forms of abuse, and cannot come to any sort of agreement in their teaching."

And:

"At the start of their movement, stock market forecasters were very few in number, and unified in purpose. Since that time, they have spread all around and number in the thousands. It is not surprising, therefore, that there are divisions among them -- factions of all sorts, each wanting to have its own territory. Nor is it surprising that as these divisions have become so numerous, the various parties have taken to condemning each other, so that today they have only one thing, if that, in common -- the name 'analysts.' But despite them clinging proudly to their name, in most other respects they are at odds."

Since you've read this far, here's a snapshot of your esteemed guru, the Colossus, one of the Seven Wonders of TA, striding out into the market's calm seas, prepared to shake off the wretched, vile, contemptible "ankle biters."

ce.eng.usf.edu



To: bobby beara who wrote (33873)4/8/2002 11:35:34 AM
From: TechTrader42  Respond to of 52237
 
And the repository of the guru's bullish prognostications over the past few weeks in the "Dialogues of the Dead," "adorned in the finest way with statues of doughty traders and fearsome bulls carved most realistically from the best quality marble":

ce.eng.usf.edu