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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Lee Lichterman III who wrote (20704)	6/18/1998 10:51:00 PM
From: robnhood	Read Replies (1) \| Respond to of 94695

All,, Interesting post I think.... <<Gollum (the pictures in my mind) ID#43349: - There was a psychologist one time who put about two dozen test subjects together in a room. He had a picture projected up on to a screen that was completely out of focus. Even though there was no way to tell what it was a picture of, he had them each write down on a piece of paper thier best guess of what it might be. Then he would bring the picture slightly more into focus and have them make another guess. Eventually the picture would become so well into focus that anyone who had been out in the hall all this time could come walking in and easily and immediately see what it was a picture of...but no one in the room knew what they were looking at! The mind is of such a nature that it will form preconcieved ideas of what a situation might be before it has enough evidence to make a completely valid conclusion. Then as more data becomes available it will actually distort it's way of percieving things so as to fit it's preconcieved notions. It will ignore or underplay the significance of non-supporting evidence and exagerate the significance of supporting data. The mind has evolved in this way for millions of years. It is a survival feature. Back in cave man days the guy who took off running as soon as he saw a hint of stripes up in a tree lived longer than the guy who had to go up and feel the claws and see the teeth. But preconcieved ideas can kill a man in combat or break him in trading. The Samurai had a saying that the man least afraid to die would be the one to live. In evaluating markets for the sake of financial gain it is the man least afraid to be wrong who will eventually win all the marbles. The best traders are those who can quickly form an opinion, but just as quickly abandon it if circumstances dictate otherwise.>>> Copied from kitco

To: Lee Lichterman III who wrote (20704)	6/19/1998 12:18:00 AM
From: James F. Hopkins	Read Replies (1) \| Respond to of 94695

L3; I'll post part of a message I sent some one in privet. Well I went in Long Friday, but ducked out Monday, with a small loss , yet I could have held till yesterday , and would have had I know Ruben was going to do his thing. After he did it I figured the Market to pop up, but didn't want to go back in so soon after getting spooked out. Like if I miss one I sort of draw back a bit and try to figure out why. I didn't get hurt much Monday as I did get out fast, and I had got in on the low Friday, still it was crazy ..and why did the markets in Asia sell off so strong on Monday ( Sunday night ) shit some one knew what was coming, shorted then covered , you can bet what Ruben did was leaked to certain people prior to him doing it. To much evidence points at that. Of course it's all circumstantial evidence, and would not stand in a court, but I'm convinced. As I'm also convinced the man has no scruples, Hell he went all week saying we would not intervene, yet you know they had to hammer out some deal before it happened, this was betrayal of a public trust, and people just sit back and accept it as if it was OK, We are in bad shape. ----------------------------- Now I'll add the reasons the buy signal did not follow through Friday ...was that SUNDAY NIGHT , the Japanese and other buddies of Ruben who knew the intervention was coming shorted the Markets hard, to cover and catch the ride up, Just before Ruben pulled his cat out of the bag They made the drop, and then the surge. It was a set up for a few insiders. Nothing else explains it. I sensed it coming and even posted ahead of it, that if Ruben does it he should be shot. I'm simply stunned at how this could happen and people act as if it's OK. It's not OK , it's criminal ( at least in nature ). ------------------------- I was watching the news just now of how a young women was beat to death on a main highway and with cars going by no one even stopped. One other women who saw it, had a cell phone called 911 , and then followed the VAN and the perpetrator was apprehended, but she then went back to try to help the victim, and still no none stopped, the horror of it all on her mind she still can not get over the picture of all those cars passing and no one caring enough to pull over. I'm afraid our society is losing it's sense of right and wrong, and is brain washed by side shows, such as put on by Ken Star. Ruben at least needs to be fired, but you know Clinton may have been in it. The Rich get richer & the poor poorer, but it seems the poor are willing to help arrange it. -------------------- Maybe it's let us not condemn under the table and back room deals, as maybe someday we will get a chance to make some ? I don't know why, I just know what Ruben did and the way he did it was criminal in nature. Jim