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Tim,
Why not tell us how you really feel on
this!
When do we see the book?
Have a good one.
DJ
<BLOCKQUOTE
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
Timothy
Morge
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx
Sent: Saturday, May 26, 2001 4:09
AM
Subject: Re: [RT] No evidence for lower
NASDAQ yet
Bill and Haytham:Well, I am no Bulkowski. But I am
a prolific chartist. I hand chart 20 commodities a day and I have been
doing so for more than 20 years. Anyone that has spent any time doing
serious chart work would never believe that rate. It's not even in the
ballpark.And frankly, now I know why colleges continue to teach that
technical analysis is junk and doesn't work--that sort of shabby
misrepresentation of reality is just inexcusable.I guess that will
be the title of a chapter in my book: 5 percent failure rates of
triangles--How to lose money trading without really trying.Have a nice
long holiday weekend, folks.Tim MorgeAt 10:49 PM 5/25/2001
-0400, you wrote:>Tim:>>Believe it or not those are the
statistics that Bulkowski gives in his >book "Encyclopedia of Chart
Patterns.">>Bill>----- Original Message
----->From: <mailto:tmorge@xxxxxxxxxxxxxxx>Timothy
Morge>To:
<mailto:realtraders@xxxxxxxxxxxxxxx>realtraders@xxxxxxxxxxxxxxx>Sent:
Friday, May 25, 2001 10:42 PM>Subject: Re: [RT] No evidence for lower
NASDAQ yet>>Haytham:>>I have to call you on this
one. On your gif you claim a failure rate of>only 5 pct of an upside
triangle breakout?>>Errrr...You'll have to pull out some serious
proof. Cause that just ain't>so. It ain't even close to single
digits...in fact...well, let's just say>it ain't in that
ballpark.>>Best,>>Tim
Morge>>>>At 09:27 PM 5/25/2001 -0400, you
wrote:> >here is why I don't agree with NASDAQ to go lower based on
what we know.> >> >Haytham> >> >Yahoo!
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