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Re: En: '87 crash chart



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To all,

NOTE:  A review on the "BIG PICTURE" from my "Current and Futurist"
perspective.  It took me a long time to write this and I would appreciate
everyone's response.  If you think I'm full of "air, bologna, water", please
say so after reading this...  (I'm not God by any means...LOL)...

Regarding (Rick Mortellra's email to everyone), I appreciate Rick's response
and I value his desire to keep costs to a minimum.

I live in Tennessee, USA.  I'm 30 years old.  I myself, have experienced
US$400+ monthly AOL, Internet, BBS, etc. bills even when I could not afford
them - it's been going on for over 17 years.  The reason is because I'm
personally driven to learn about the latest technology.  I have been paying
for technology personally ('out of my pocket' working) since I've been 13
years old.  Even though the United States may currently enjoy low connection
costs, it has not always been that way.  I remember connecting (and paying)
for very expensive 110 baud rates.

Furthermore, I appreciate everyone's interest in what Jim Greening is doing.
For those of you who do not know, Jim has been emailing charts to friends on
his list to those who request it.  Even though not everyone has the same
"following" as Jim, he is 'noticed amongst the regulars' in what he is
doing.  I am not a personal friend of Jim's and am not promoting him, but he
is an "alternative" method to what the Metastock list is all about.

I know this is a ~~HOT~~ topic with many world-wide people on the Metastock
list.  We must come to a decision together!  Because of this, we are
fortunate to have a means to achieve this objective through Equis'-sponsored
"free speech" listserv.  Remember:  everyone can voice an opinion 'positive'
or 'negative' on Equis' site without retribution.

Because of this, I'm struck by Rick Mortella's recent email:
>  "Here in Japan we pay about 10 cents for every 3 minutes of normal usage
and
>  wasting time and money downloading several 300k charts about ideas that
>  don't meet my interests seems lately to have become a necessary
"nuisance" . "

I don't provide charts, but...

Although I cannot provide people with good TA info recently, because of
personal reasons, I can provide meaningful "support" to the group with my
good computer technical and other abilities.  Many of you have appreciated
my support both directly and indirectly over the past.  As some have known,
I have been on this group for well over a year.  The current topic of
"graphical charts" has been more of a 'lightning strike' than Murrey's
(pedantic raving) Math.

I have this to say, "If you don't want to partake in the basics of Techincal
Analysis (eg. charts and analysis) you should not be on this list.  However,
as a BETTER alternative, I would suggest that you (meaning Rick Mortellra
and others) to limit your email applications to less than the 300k level
that Rick specified.  I would be happy to attempt a free consultation on how
to achieve this.  I'm sure others would help partaking in this helpful
exercise because of the vast array of email apps."

I'm not selling my services, but what I've seen over the past 17 years is
that We (meaning the "majority software/hardware market drivers") continue
what has made the Japanese term successful:  Gemba Kaizen.  The term, "Gemba
Kaizen" means 'Continuous Improvement' in English.  In basic terms, "you
(business) improve your products/services or your driven out of the
marketplace."  What this means for current computer users, is that
technology will continue to increase (ie. possibly become more difficult if
you do not stay abreast of the situation).  I may be speaking above or below
everyone's comprehension, but it's because I'm making a statement that is
relevant to many current, business-minded professionals (including stock
traders).  It may not be relevant to others.

The term  I've used in the previous paragraph is what has helped the United
States to achieve "price deflation" over the past few years and achieve
Stock Market increases.   There are many other U.S. factors attributing to
the recent last 2-3 year advancement (eg. the aging of the baby-boomer
population).  If others wish for me to elaborate on my I will.  Otherwise, I
will assume that the reasons are assumed.

In the end, I stick to my original statement in earlier emails - "Let all
graphs be downloaded by everyone" - they provide insight to those entering
the listserv and those within the listserv.

Finally, I will try to help those with 'starting-out' and those 'having
trouble' with their Internet-related software.  The Internet provides many
alternatives that may not be apparent to the user (ie. 'buyer of Internet
Services').  I'm confident others would also partake in my same interest

Please send me an email with your comments to salvucci@xxxxxxxx ;  or to the
whole group at metastock-list@xxxxxxxxx .

I'm not trying to spark a flame war, but rather, a real intellectual
discussion on the current "Graphical Chart" topic of interest that has so
many stirred.

Your Friend,
Michael Salvucci
salvucci@xxxxxxxx


=====



-----Original Message-----
From: Rick Mortellra <rmjapan@xxxxxxxxxxxxx>
To: MetaStock List <metastock-list@xxxxxxxxxxxxx>
Date: Wednesday, November 12, 1997 8:46 PM
Subject: Re: charts


>This is an international list with members who obviously trade with many
>different trading styles and markets, levels of experience, and needs, not
>to mention e-mail clients. Some self-restraint is necessary.
>
>Those fortunate enough to live in places where local unlimited telephone
>service is a fixed monthly price or have e-mail systems that allows for
>limiting downloads should respect the wishes of those who are not as
>fortunate.
>
>Here in Japan we pay about 10 cents for every 3 minutes of normal usage and
>wasting time and money downloading several 300k charts about ideas that
>don't meet my interests seems lately to have become a necessary "nuisance"
>to subscribe to this list. Multiply this by several lists and the costs can
>add up. Heck, my local phone bill already averages $250 a month!
>
>IMO, I think Jim Greening's method of chart list distribution method is
>best. It puts people with similar interests together where they can discuss
>among themselves his chart's or whatever. Setting up a mailing list within
>most e-mail clients is easy and if you have something interesting to say
and
>have illustrated it with a chart, then people will ask you for it.
>
>People who need to see charts of EVERY hair-brained market prediction or
>trading idea either don't have enough trading experience or haven't
>developed a workable trading system. Ditto for those who send them
>unrequested.
>
>Once you develop one, your need for alot of this bandwidth wasting "noise"
>will diminish. Just imagine what it would have been like if Murray Math had
>decided to flood your mailbox with his daily market "music" charts instead
>of just his written rants!
>
>And now we return the regularly scheduled programming...........
>
>cheers,
>Rick Mortellra
>Tokyo, Japan
>
>-----Original Message-----
>From: Lance Collins <lcollins@xxxxxxxxxxxxxxxxxxxxx>
>To: metastock-list@xxxxxxxxxxxxx <metastock-list@xxxxxxxxxxxxx>
>Date: Thursday, November 13, 1997 8:19 AM
>Subject: Re: charts
>
>
>>I can't see how the requests to not silt up the bandwidth with charts
which
>>could be distributed in a better way is censorship.
>>
>>I have a 33.6 modem and a fast ISP and I find the delays receiving charts
>>when I want a quick look at my messages quite irritating.
>
>
>