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Re: augieboo post# 9089

Sunday, 07/28/2002 3:58:03 AM

Sunday, July 28, 2002 3:58:03 AM

Post# of 704041
Another Richard Russell comment that i think all new to the market need realize---it is tougher now than before. I quote Russell.
<<I've tried to carry on the work of Dow, Hamilton, Rhea and Schaefer. I believe, however, that the stock market is far more difficult today than ever before, mainly because so many analysts, professionals, money managers, arbitrageurs, speculators and serious individuals are involved, and competing for profits (and increasingly, for short term and even intra-day profits). Furthermore, trading has been speeded up and broadened tremendously through the use of computers and the Internet. Finally, the arrival on the scene of "derivatives," options, futures, puts, calls, etc., makes the market game bigger, faster, more manipulative, more hazardous -- and far more deceptive than ever before.

In the end, however, the "hidden ingredient" for market success is the practitioner's own instincts or intuition. Market analysis, as some many have observed, is an art, not a science.>> Nine Pennsylvania Miners ALL rescued!! Max




He played his video game night and day.
The MAZE of Death.
But that is the game we all are in, the trick, don't believe it.Get above it all and imagine nothing is what it seems.Kill the machine.otraque

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