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To: John Madarasz who wrote (47888)7/28/2002 9:54:00 AM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
LOL. "Git it up outta ya brotha!". -g

I think your presentation might be a tad forceful tho'.

What you are saying has some merit, but I think our signal to noise ratio, while it may have decreased some, is still pretty good. I think of some recent posts by reaper and bobcor -- good stuff by folks sharing work that, by rights, we should probably feel ashamed and lucky to read for free.

I will say that it does surprise me how few people post charts, beyond just a link to Yahoo! or StockCharts, or whatever. Typically, I will just skip posts that have some prose followed by a link to an unannotated chart. When we started the thread we encouraged posters to get on board with chart posting and discussed the tools one would need to do "capture and publish".



To: John Madarasz who wrote (47888)7/28/2002 10:38:00 AM
From: JustTradeEm  Read Replies (2) | Respond to of 209892
 
John, as one who follows this thread religiously and rarely ever has posted, let me add my thoughts, if I may.

First of all, the reason I follow the thread is to LEARN. The reason I don't post is because relative to others on this thread, I am still LEARNING. So, you could say I "know my place" <g>

I'd hate to think that anyone confuses wanting to learn with "looking for a free lunch". As I try to help others in their learning, I'd hate to think others resent those not quite up to their level, yet.

I agree with you that posts such as one asking what are everyone's thoughts on a stock hitting 27.5, 30 and 35 over the next 4 years is a waste of bandwidth and most likely falls into your above mentioned category. I have visions of Zeev's thread with hundreds of useless posts following.

I've also noticed that recently there are quite a few posters on the thread who I already know I am years ahead of despite my also knowing I have miles to go. I agree with you that more is learned by listening than speaking, reading than writing .... it is up to each poster to consider if they truly make a valuable contribution in their post; if not, it is best left for other threads specializing in useless, junk posts.

All that said, I'd just like to thank those on this thread without naming them who make what I believe to be a valuable contribution to all of us. I don't need to name them, they know who they are. They should know their sharing assists many others in their education and justifiably, should feel good about that contribution.

I would hope you'd continue to contribute; your insights are valued by many.

JB



To: John Madarasz who wrote (47888)7/28/2002 4:28:06 PM
From: skinowski  Read Replies (2) | Respond to of 209892
 
Have read several posts. The thread today is in a healthy introspective mood, I’d say… The bottom line, it is a very good thread. Privileged to hang around, and even to make an occasional intellectually stunted contribution (g? ng? Not always sure -ng).

Anyway, our overseas travel companion Herr Onischka wrote a curious long / short term post about the DOW. On the long view, I found fascinating the chart reflecting the decline in the 70’s – early 80’s – adjusted for inflation (!). Why the exclamation? Usually, we think about the markets in the 70’s as being in a range. It is easy to forget that after inflation adjustment, the market was in a horrific crash, losing, as I recall reading, about 75% of its value.

On Onischka’s chart it is also visible that the decline was shaped as a multi-year Ending Diagonal. Interesting.

Another “shocker” is that he sees the top in Jan. 2000 as the top of (only!) 3 of 3 (with 5 of 3 to follow) – originating from the bottom of a big ‘2’ in 1982. The implication is that a breakout he expects will be (only) the 5 of 3. Completely different view of the big cycles. [Personally, I think he is probably way too optimistic here. The count does, however, have the appeal of being totally contrarian to most prevailing views. I am not going to bet on it].

Short term, he ‘prefers’ the (apparent) bear market rally to proceed to about 8500 before it breaks down to the “lower 7.000-er range”. Due to his previously published (last week) cycle work, he doubts that the market bottomed as yet. He thinks it should – by October.

Now, I’m going to go and grab a major grain of salt to go along with all this… Have fun.

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