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Re: [RT] Retracements



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As a personal acquaintance of Ira, I can guarantee 
you he is emotionally and psychologically sound - and a highly successful 
trader since the 1950's.
 
Brian
<BLOCKQUOTE 
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  ----- Original Message ----- 
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
  ric 
  ingram 
  To: <A 
  href="mailto:realtraders@xxxxxxxxxxxxxxx"; 
  title=realtraders@xxxxxxxxxxxxxxx>realtraders@xxxxxxxxxxxxxxx 
  Sent: Friday, November 09, 2001 2:05 
  PM
  Subject: [RT] Retracements
  Ira,At 16:06 09/11/01 +0000, you 
  wrote:
     Date: Fri, 09 Nov 2001 
    07:43:18 -0800   From: Ira Tunik <<A 
    href="mailto:irat@xxxxxxxxx";>irat@xxxxxxxxx>Subject: Re: 
    MarketMy work says that we should get a retracement from here.  
    We have hit severalof my Price Objectives and they should act as 
    resistance at this time.  Ira.I agree about 
  retracements - they almost always always arrive.   Common 
  percentages are 30+%, 50+% and 60+% and 100%+ (more often called a 
  reversal).But to predict or hope (common background to use of word 
  'should') is often a sign of emotional expectation or belief or psychological 
  commitment.  Any or al of these can tend to lead to future psychological 
  and/or financial pain.Be careful what you 'should' for.   
  You might get it and you might not!Trading with good feelings, 
  Ric.<A href="http://www.traderscalm.com/"; 
  eudora="autourl">www.traderscalm.com To 
  unsubscribe from this group, send an email 
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