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Re: Cholan post# 9028

Saturday, 07/27/2002 5:10:25 PM

Saturday, July 27, 2002 5:10:25 PM

Post# of 704019
Cholan, >>>In the last 3-4 weeks your "turnips" have been dead wrong with both the targets and turn dates. <<<

I feel your pain. I got the same problem with the local weather guy in trying to get some outdoor projects done. Maybe he should change his system?

No, the market, like the weather is to get the move or direction right at least 50% of the time. Actually with good stops you can do very well with less than 50%. The market is not predictable, if the market was, there would be no need for a market because everyone would know. Kind of like religion and faith. To have a "religion" there must be the presense of faith in the unknown for without the unknown there would be no need for religion because we would know.

IMO, Zeev's "beauty" is his opinion of anticipating the movements within the market. Zeev has good instincts but like the weatherman, the market can move in unpredictable patterns.
Dwelling in the past would be a fool's game for Zeev or anyway else because past "wrongs" are only new ingredients for the next prediction. And like religion, to think otherwise would be "dead wrong".

I like Zeev just the way he is. Not that he is always right but more that he helps me form my own conclusions to make my "own" choices. My expectations are for Zeev to be "dead wrong" sometimes, that's part of trading the market. What is important is the big picture. The mention of QCOM or QLGC's past price movement as an indication skill is just plain silly.

JMO, Joe
BTW, I disagree with Zeev a lot. I got to work on that.

Joe

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