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Re: Pouring liquidity ...



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Michael Salvucci wrote:
> 
> 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.
> >Fellow Equis users;
I have been following the discussion on charts on the Equis site, and I
would like to offer my comments. My name is Lino Alessi, and I am a
serious commodity trader who over the years have done well.  I
absolutely do no trading in stocks other than trade the stock indexes in
the future markets.
Even thou the charts can be lengthy at times, I find it beneficial to
review everyones inputs to determine if there is anything that someone
else is successfully using that can me a more successful trader.
I personally would like to thank everyone who has given of their time to
comment or supply charts for I have received beneficial information from
their correspondence.
Let's not divide the group, and I suggest that we remain one group
because I feel with numbers and different levels of intelligence we can
become better traders.
I am not a technical whip but I am willing to explore any alternative
that has promise. Michael Salvucci memo to the group is right on. I have
experienced what it is like to run up large expenses when your operating
within a specific budjet. for traders who need to address the length of
charts I suggest that they contact Michael or someone within the group
that feels comfortable in supplying free technical assistance.
I personally am gratful for the time that different traders within the
group have spent to offer their inputs keep the good work up.
Lets move on an become better traders an make more money.
A grateful trader
Lino Alessi  
> >
> >