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Bill,
Take it easy! You're too thin-skinned (especially to be a
profitable trader). IMHO, Earl is about the most helpful and knowledgeable on
this list; however, you aren't too far behind. Best Wishes. BTW, I see
your countrymen have fallen for Hillary, a record million $$ book advance!
Another BTW, Earl is an extremely valuable contributor to the
QCharts list, of which I may no longer be a member because it is screwing up
trading today.
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----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
<A href="mailto:t-bondtrader@xxxxxxxxxxxx";
title=t-bondtrader@xxxxxxxxxxxx>t-bondtrader
To: <A
href="mailto:realtraders@xxxxxxxxxxx";
title=realtraders@xxxxxxxxxxx>realtraders@xxxxxxxxxxx
Sent: Thursday, January 11, 2001 4:25
AM
Subject: Re: [RT] Re: H&S on the
Bonds
Thanks Prosper! We all know that Earl is expert on
so many instruments and many aspects of trading, it is a wonder he has so much
time to devote to this list. As you say, I pointed out a pattern which
is worth noting and may lead to a short term trade - everyone knows that I day
trade and the information is presented on that basis. Of course it
is not a proper, full blown H&S - anyone can see that - so his comments
are fatuous. The very last thing I or anyone else needs is lecture
by Earl on any pattern, particularly if it is coming from other people's
experience, rather than his own. Useful, constructive comments such as
those made by Steven Poser are of course in a different class and clearly come
from a successful trader, based on experience. As with all information
presented by the market, it must be used with care and in relation to a lot of
other aspects. It is always important to take an holistic view, but he
early reporting of patterns and their potential could hardly be
classified as misinformation. Those rather more experienced than Earl
will know that very often these mini, imperfect H&S formations lead to
something worthwhile. To discard them because they are not out of the
text books he likes to quote is not helpful to new traders or anyone else.
Bill Eykyn To
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