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Commodity and Futures - Physical commodity and financial futures markets.
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Posted by Dale Legan on May 17, 2006, 1:35 am
This top section was posted to my Yahoo Group for subscribers. I've
removed the # of days till next date, to avoid giving proprietary info
to non subscribers.
Technical Comments. Here is a few techical comments for you. Look at
the charts and see how I got the numbers. It is all there in the
chart. I will not be doing this everyday or even very often., It just
isn't possible in the present situation. I need more time, a person to
do the site, I get up at 4 a.m and make the comments. I can't work
from 6 at night till 2 in the morning and expect to have a happy
marraige.
Today is a special day.
If July Coffe breaks 103 it will go to 106.35...
If it Breaks 101.60 it will decline to approx 99..over next x days.
Unless July Cocoa declines below 1542 (by end of day) a probable ~ 20
day cycle has made a low. If it declines below 1542 the probable low
for this cycle is 1519 - 1526. Then depending on the specific numbers
tomorrow there could be a buy signal. However as I said selling near
1570 (retrace) could yield a quick daytrade to the 1519. In time
window for a cycle inflection point. See this is multi-dimensional
depending on time frame of interest.
Unless Cotton declines below 51.30 + positive momentum will enter the
model and the expected low in X days will come early a little early.
CTN >51.62 = extremly positive momentum
Sugar July 17.03.. is in a triangle ~ Possible ST low today (if 1588
holds) low confirmed at 17.29... Next Cycle Inflection Point in X days
is expected breakout of ranging market. Please note I left yesterday's
chart up. Compare momentum and SEE why Yesterday was NOT a low and
Today probably is...
Wheat,, I said look for a retracement to approx 405. High 404 today,
knowing the correct cycle to calculate momentum off of gives incredible
results in the day to day short term objectives. Pretty Cool , Eh....
momentum is begining to roll..
Great Minds Talk About Ideas.
Average Minds Talk About Events.
Ignorant Minds talk about People.
Elenor Roosevelt...
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Ignorant Minds focus the people and not issues. Personal attacks.
More overtley, someone may attack an idividual because of there
convictions. They call people huckster's because they have conviction
that cycles, gann, or a well researched methodology that may have a
component of these things in them. So ignorant are these people that
like the prosecutor in the Duke Case they refuse to look at any
contrary evidence and emphasise the weak evidence. They are personally
invested in a position and not in seeking the "truth".
Attacking someone who attacks you, makes you intelligent. That is self
defence.
When these ignorant people talk about an "event" it is Taken out of
context. Taking general statements as specific trading advice.. The
Crude Oil statement that didn't come true was a general statement" The
Charts I posted for Crude, Canadian, Dow, and coccoa comments were very
specific. The This person is being dis-ingenuous comparing apples
with oranges.
This person keeps saying Killfile Legan / Ratchford yet continues to
change his name to get arround the people who killfile Him. What a
hypocrite. This shows he has no integrity and does not respect the
wishes of others. It is about Him being the focus. Egomaniac.
Profitability comes from the day to day specifics not the long term
opinons... Every time anyone has e-mailed me and ask "how accurate" it
is I have never answered them. I always say, try the small grain for a
month and see if you can use it.
I could do a analysis and come up with a great number. I know it.
But, it would still be a sample and really give no indication of if the
person can really use it. It isn't for everyone.
I say the forecast are bait. Because, I am fishing for clients. I do
want people to be my client and give me money for my excellent
technical work. I want your money! A lot of of please.. I'm in
business to make money. I'm a pragmatist. I will get your money by
givng you value and the best possible forecast and technical work
available.
After your addicted I can command any price I wish. Yes, I have an
evil plot to get into your pocketbook for life by making you money.
Make you addicted to my technical drug like a crack dealer. I'm a
technical analysis pimp. And, I got a great HO...
From this pool of people will arise a few, Because I'm really fishing
for the 300 pound sturgeon. The 20 million dollar account. This is
one reason I don't sell software and do not reveal my the algorythm for
my model. It is written on a piece of paper and not even programmed.
Why? I learned from the Pirates in the 90's. I'm not selling my
"inheritance for a bowl of stew", like the Esau. I know about 1/3 of
my clients are re-sellers. Basically they take my advice / service
trade on it but also advise others with it. Most are Crop Services in
Canada and the Mid-west or brokers. I'm O.K. with that for now, even
though it is not honorable.
THERE ARE THOSE FEW ON THIS GROUP WHO DO TALK ABOUT IDEAS AND EVENTS IN
THE CONTEXT OF IDEAS. FULL CONTEXT. THOSE FEW MAKE PUTTING UP WITH
THE IGNORANT WORTH WHILE...
But, I won't be Bill Clinton and Ignore the many terrorist attacks. So
let me respond to whats his name response to this post now.
Piss Off ..
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
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Posted by UMT on May 17, 2006, 11:24 am
"This top section was posted to my Yahoo Group for subscribers. "
Nobody cares about your supposed 'newsletters to your subscribers'
Post your calls HERE, on this forum, AHEAD OF TIME or move it down the
line.
Is this easy enough to comprehend?
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