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[RT] Re: 5/29/2001 -/+1 trading day NASDAQ Turning Point



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Tim,

You have stated "I am always grateful to anyone that shares their 
thoughts and how they use their tools." I would be greatful if you 
share your thought process for the specific example of NASDAQ given 
only the information known last Friday, in this way I can learn why 
you had more conviction that NASDAQ will continue to go lower on 
Teusday. I am not interested in knowing what position you have taken 
but I am certainly interested in knowing your thought process in 
analyzing the situation.

Best.

Haytham  


--- In realtraders@xxxx, Timothy Morge <tmorge@xxxx> wrote:
> 
> >
> >HA: It would have been great it you commented on that last Friday
> >with your comments about triangle.
> 
> Haytham:
> 
> I manage accounts for a living. I also keep a web page updated on a 
timely 
> basis. It's very easy to see what positions I am taking by looking 
at the 
> charts I post--I rarely post neutral charts.
> 
> You didn't believe what I posted here about triangles. I'm sure you 
> wouldn't have cared what I think about your position on Friday.
> 
> As I have said numerous times, I am not interested in 
people "knowing" what 
> position I have, per se. I don't see the value in that. If I was 
reading my 
> posts here and elsewhere, rather than asking what position I have, 
I'd be 
> asking how to use the tools used when preparing the chart.
> 
> 
> Best,
> 
> Tim Morge
> www.medianline.com


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