01/20/2003 21:02:13 EST   User [gary fullett] joined forum from 204.233.213.235 01/20/2003 21:02:21 EST   hello, gary! 01/20/2003 21:02:24 EST   hello gary 01/20/2003 21:02:28 EST   Hello, Gary 01/20/2003 21:02:39 EST   good evening 01/20/2003 21:02:45 EST   how is everyone? 01/20/2003 21:02:45 EST   User [greg] joined forum from 206.58.228.124 01/20/2003 21:02:48 EST   hi gary 01/20/2003 21:02:53 EST   howdy all :) 01/20/2003 21:02:58 EST   hi greg 01/20/2003 21:02:59 EST   hello 01/20/2003 21:03:03 EST   hello greg 01/20/2003 21:03:09 EST   hello, greg - you mean you need this? 01/20/2003 21:03:09 EST   hello greg 01/20/2003 21:03:10 EST   This will be the start of the beginners class for wyckoff 01/20/2003 21:03:15 EST   it will be basic 01/20/2003 21:03:18 EST   User [JohnH] joined forum from 68.101.12.27 01/20/2003 21:03:22 EST   howdy 01/20/2003 21:03:27 EST   hi john 01/20/2003 21:03:27 EST   hi john 01/20/2003 21:03:28 EST   I will do this 1 hour per week on Monday 01/20/2003 21:03:30 EST   gary did you get mt email 01/20/2003 21:03:38 EST   I will go over terminolgy 01/20/2003 21:03:41 EST   well, mm, all review is good :) 01/20/2003 21:03:48 EST   Cdavid I didnt 01/20/2003 21:04:03 EST   sounds good to me, gary! 01/20/2003 21:04:03 EST   check 01/20/2003 21:04:07 EST   I will go over terms 01/20/2003 21:04:23 EST   I will do no charts 01/20/2003 21:04:26 EST   on Monday 01/20/2003 21:04:35 EST   and I will have regular classes as ussual 01/20/2003 21:04:47 EST   grat! 01/20/2003 21:04:51 EST   great 01/20/2003 21:04:54 EST   so when we do our regular classes 01/20/2003 21:05:05 EST   u will be up to speed with in a month or so 01/20/2003 21:05:17 EST   that way we can be somewhat On equal ground 01/20/2003 21:05:30 EST   and move forward togther 01/20/2003 21:05:36 EST   User [Joe K] joined forum from 172.168.53.126 01/20/2003 21:05:38 EST   and no one will be left behind 01/20/2003 21:05:46 EST   hi joe 01/20/2003 21:05:46 EST   :) 01/20/2003 21:05:47 EST   hello, joe 01/20/2003 21:06:05 EST   hi Joe 01/20/2003 21:06:11 EST   so for some of that have been here before it may be quite boring 01/20/2003 21:06:18 EST   gary, the email I sent you listed the dates in 'oo that were beginner classes 01/20/2003 21:06:29 EST   in archives 01/20/2003 21:06:47 EST   I know there were some 01/20/2003 21:06:53 EST   and I dont know the dtates 01/20/2003 21:07:02 EST   but I figure I will start now 01/20/2003 21:07:05 EST   now you do 01/20/2003 21:07:08 EST   and labeled it 01/20/2003 21:07:17 EST   I didnt get an email 01/20/2003 21:07:20 EST   Hi guys 01/20/2003 21:07:30 EST   if u send kelly the dates it may be easier 01/20/2003 21:07:32 EST   hey hobo :) 01/20/2003 21:07:33 EST   User [Jay] joined forum from 68.108.69.74 01/20/2003 21:07:35 EST   and I will add them 01/20/2003 21:07:40 EST   ok 01/20/2003 21:07:40 EST   okay lets beginn 01/20/2003 21:07:42 EST   hi jay 01/20/2003 21:07:43 EST   hi Jay 01/20/2003 21:07:50 EST   wyckoff was a trader 01/20/2003 21:07:51 EST   hi jay 01/20/2003 21:07:52 EST   hi folks 01/20/2003 21:07:55 EST   in the early 1900'2 01/20/2003 21:08:03 EST   he died in the early 30's 01/20/2003 21:08:09 EST   If your riding ahead of the herd,take a look back every once in a while to see if the herds still there 01/20/2003 21:08:15 EST   01/20/2003 21:08:18 EST   he wrote a sucessful newsletter 01/20/2003 21:08:27 EST   User [Zack] joined forum from 63.164.161.133 01/20/2003 21:08:30 EST   what wyckoff did 01/20/2003 21:08:31 EST   lol dick 01/20/2003 21:08:32 EST   hi Z 01/20/2003 21:08:39 EST   Hi folks 01/20/2003 21:08:47 EST   was to watch the great tradrs of the time 01/20/2003 21:08:50 EST   Dick, that works unless your a deranged cowboy 01/20/2003 21:08:51 EST   rockeefeeler 01/20/2003 21:08:53 EST   keene 01/20/2003 21:08:56 EST   livermore ect 01/20/2003 21:08:57 EST   somr truth there, lol 01/20/2003 21:08:58 EST   hi zack 01/20/2003 21:09:06 EST   names U may have heard of 01/20/2003 21:09:13 EST   he watch the flow of money 01/20/2003 21:09:23 EST   and didnt trade for abotu 15 yrs 01/20/2003 21:09:27 EST   he observed 01/20/2003 21:09:43 EST   what he noticed was that money moved 01/20/2003 21:09:46 EST   markets 01/20/2003 21:09:49 EST   and what eh saw 01/20/2003 21:09:57 EST   was that he didnthave to follow news 01/20/2003 21:10:03 EST   that te news was in the market 01/20/2003 21:10:17 EST   and the larger traders seemed to have the knack of being postion properly 01/20/2003 21:10:25 EST   when the news : hit 01/20/2003 21:10:36 EST   wyckoff was a techincal traders 01/20/2003 21:10:55 EST   he knew of the fundamental news that moved the markets 01/20/2003 21:11:10 EST   but he felt that the news was is in the price action 01/20/2003 21:11:23 EST   there are 3 principles to wyckoff 01/20/2003 21:11:29 EST   1) demand vs supply 01/20/2003 21:11:44 EST   simply buying being demand and selling being upply 01/20/2003 21:11:58 EST   if demand was stronger than supply the market moved up 01/20/2003 21:12:02 EST   and vice versa 01/20/2003 21:12:04 EST   2) 01/20/2003 21:12:08 EST   effort vs result 01/20/2003 21:12:23 EST   this simply is volume vs price action 01/20/2003 21:12:27 EST   if the volume was good 01/20/2003 21:12:35 EST   the price action should coreespond with it 01/20/2003 21:12:48 EST   if u have good volume weak price action red flag 01/20/2003 21:12:50 EST   3) 01/20/2003 21:12:54 EST   cause vs effect 01/20/2003 21:13:11 EST   the longer the trading range the longer the pending move 01/20/2003 21:13:17 EST   with little preparation time 01/20/2003 21:13:25 EST   the move cant be sustained 01/20/2003 21:13:31 EST   these are very important 01/20/2003 21:13:41 EST   and all market action revolves around this 01/20/2003 21:13:46 EST   the laws of nature do 01/20/2003 21:13:49 EST   User [Richard] joined forum from 24.120.11.190 01/20/2003 21:13:53 EST   ecomonics do ect... 01/20/2003 21:13:59 EST   hi richard 01/20/2003 21:14:03 EST   01/20/2003 21:14:04 EST   questions so far 01/20/2003 21:14:10 EST   k 01/20/2003 21:14:12 EST   Hi everybody 01/20/2003 21:14:18 EST   hi richard 01/20/2003 21:14:24 EST   questions? 01/20/2003 21:14:25 EST   hi richard 01/20/2003 21:14:26 EST   l 01/20/2003 21:14:28 EST   k 01/20/2003 21:14:33 EST   n 01/20/2003 21:14:36 EST   n 01/20/2003 21:14:37 EST   n 01/20/2003 21:14:40 EST   Your last statement didn't seem complete 01/20/2003 21:14:49 EST   about economics 01/20/2003 21:15:04 EST   the 3 principles 01/20/2003 21:15:12 EST   arre in ecomonics as well 01/20/2003 21:15:23 EST   01/20/2003 21:15:29 EST   01/20/2003 21:15:34 EST   this will be logged? 01/20/2003 21:15:38 EST   yes 01/20/2003 21:15:48 EST   and it will be on a Mondat specail section 01/20/2003 21:16:06 EST   underbeinners 01/20/2003 21:16:26 EST   so it will be so that new people can review 01/20/2003 21:16:53 EST   one of the terms 01/20/2003 21:16:58 EST   that is very important 01/20/2003 21:17:08 EST   is the one of omposite man 01/20/2003 21:17:17 EST   shorten name CM 01/20/2003 21:17:23 EST   composite man 01/20/2003 21:17:36 EST   or composite operator for gender CO 01/20/2003 21:17:53 EST   wyckoff didnt cpin many of these terms 01/20/2003 21:17:59 EST   composite man eats underbeinners 01/20/2003 21:18:07 EST   they were coined by a student of his name Evans 01/20/2003 21:18:22 EST   lol 01/20/2003 21:18:45 EST   he was a farmer so many terms refer to his work 01/20/2003 21:19:18 EST   what is evans' first name? 01/20/2003 21:19:19 EST   the composite man is the culminitaive ideas of the larger traders 01/20/2003 21:19:19 EST   i hear cm looks like james cagney 01/20/2003 21:19:23 EST   it si Not one person 01/20/2003 21:19:32 EST   01/20/2003 21:19:36 EST   :) could well be :) 01/20/2003 21:19:56 EST   Composite man, alias CO ( non gender ) CM same thing, Larger interests, to include singular, firm, or commercial interest, or the combination of any of these entities 01/20/2003 21:20:01 EST   examples of Cm's would be george soros cargin 01/20/2003 21:20:05 EST   cargill 01/20/2003 21:20:21 EST   goldman sachs ect 01/20/2003 21:20:34 EST   does the composite man lose money? 01/20/2003 21:20:39 EST   the answer simply is yes 01/20/2003 21:20:41 EST   some 01/20/2003 21:20:53 EST   but this is a marathon and Not a sprint 01/20/2003 21:21:00 EST   Can be Single guys, speculative and non speculative, can be Commercials, can be funds 01/20/2003 21:21:06 EST   so overall the cm has more money more patience 01/20/2003 21:21:12 EST   more info that the average trader 01/20/2003 21:21:17 EST   and thus is able to suceeed 01/20/2003 21:21:23 EST   where many faill 01/20/2003 21:21:54 EST   many of the terms I will tell u will be just words 01/20/2003 21:22:00 EST   and it will take time to Understand 01/20/2003 21:22:07 EST   in how to profit from it 01/20/2003 21:22:23 EST   but words are much differnt than understanding 01/20/2003 21:22:53 EST   you can read words and think u understand them But that takes time and experice 01/20/2003 21:23:02 EST   any questions on the wyckoff wave? 01/20/2003 21:23:09 EST   Does the CM trade long term, short term, scalp? 01/20/2003 21:23:17 EST   both 01/20/2003 21:23:32 EST   he will trade within a traind range as well as longer term 01/20/2003 21:23:40 EST   Cm trades on all time frames, though normally, they campaign 01/20/2003 21:23:43 EST   with wyckoff you can trade all tiem frames 01/20/2003 21:23:50 EST   and the wyckoff wave 01/20/2003 21:23:53 EST   What is the wyckoff wave? 01/20/2003 21:23:59 EST   can be used on a monthly baisis 01/20/2003 21:24:02 EST   thru intraday 01/20/2003 21:24:07 EST   no scalp????? 01/20/2003 21:24:10 EST   I will get the 01/20/2003 21:24:23 EST   yes scalp as well 01/20/2003 21:24:40 EST   but the cause vs effect is in play there 01/20/2003 21:24:48 EST   meaning less cause less effect 01/20/2003 21:25:05 EST   so u may trade a 5 minute chart looking for 4 ticks in the bonds 01/20/2003 21:25:33 EST   ty 01/20/2003 21:25:39 EST   that type of scalp 01/20/2003 21:25:55 EST   on the site 01/20/2003 21:26:05 EST   there is a diagram of the wyckoff wave 01/20/2003 21:26:13 EST   have u all printed this out? 01/20/2003 21:26:18 EST   y 01/20/2003 21:26:18 EST   it isnt important for thsi week 01/20/2003 21:26:21 EST   y 01/20/2003 21:26:23 EST   y 01/20/2003 21:26:25 EST   but next week it will be important 01/20/2003 21:26:33 EST   as we will go over it 01/20/2003 21:26:41 EST   i have it memorized :) lol 01/20/2003 21:26:45 EST   so please have it in front of u for next monday 01/20/2003 21:26:56 EST   ok 01/20/2003 21:27:07 EST   Will do 01/20/2003 21:27:13 EST   ok 01/20/2003 21:27:16 EST   have any of u look at indicators like head and shoulders rsi adx ect,,,? 01/20/2003 21:27:16 EST   ok 01/20/2003 21:27:32 EST   y 01/20/2003 21:27:39 EST   y before 01/20/2003 21:27:41 EST   y 01/20/2003 21:27:43 EST   y 01/20/2003 21:27:45 EST   y 01/20/2003 21:27:51 EST   rsi adx ect.. those are tricks 01/20/2003 21:27:54 EST   coitanly 01/20/2003 21:27:57 EST   thye are lagiing indicators 01/20/2003 21:28:05 EST   they tell u hwat happned yesterday 01/20/2003 21:28:10 EST   and it is lagging markets 01/20/2003 21:28:13 EST   they are tricks 01/20/2003 21:28:15 EST   even stochastics? 01/20/2003 21:28:20 EST   yup 01/20/2003 21:28:20 EST   and wyckof said they shouldnt be used 01/20/2003 21:28:25 EST   but they're still of some use even so 01/20/2003 21:28:27 EST   yes mgoerge 01/20/2003 21:28:43 EST   with systems 01/20/2003 21:28:55 EST   they take past data and try to determine market future 01/20/2003 21:28:58 EST   that waht charts do 01/20/2003 21:29:00 EST   what are systems? 01/20/2003 21:29:03 EST   but when a system fails 01/20/2003 21:29:08 EST   they try a new system 01/20/2003 21:29:12 EST   that si wrong 01/20/2003 21:29:30 EST   systems that vendors sell 01/20/2003 21:29:43 EST   trading systems designed to work of certain signals generated from indicators 01/20/2003 21:29:46 EST   but wiht wyckoff charts 01/20/2003 21:29:51 EST   That's one of the things that took me so long to actually learn and apply Wyckoff JohnH----I had to "unlearn" stuff like that along the way :) 01/20/2003 21:29:53 EST   u r looking at the amrkets NOW 01/20/2003 21:29:57 EST   u r living the markets 01/20/2003 21:30:06 EST   hmmm 01/20/2003 21:30:15 EST   u r looking at market action to tell u 01/20/2003 21:30:18 EST   not tricks 01/20/2003 21:30:22 EST   that were invented 01/20/2003 21:30:40 EST   I know this may sound controversial to u 01/20/2003 21:30:45 EST   and u may disagree 01/20/2003 21:30:54 EST   and that is your perogative 01/20/2003 21:31:02 EST   head and shoulders work 01/20/2003 21:31:05 EST   and they dont work 01/20/2003 21:31:12 EST   they may be right 50 percent of the time 01/20/2003 21:31:17 EST   BUT if u understand markets 01/20/2003 21:31:25 EST   u should understand it better than 50 percent 01/20/2003 21:31:43 EST   so understnding markets is better than a trick 01/20/2003 21:31:52 EST   are ther situations or times Wyckoff works less well? 01/20/2003 21:32:57 EST   no cdavid 01/20/2003 21:33:06 EST   not that i know of cdavid, its our reading of the market or our interpretation of the charts that is wrong mnore often than the wyckoff techniques 01/20/2003 21:33:15 EST   u should be able to have a good understanding of wyckoff in all settings 01/20/2003 21:33:24 EST   that doesnt maean that u will make money 01/20/2003 21:33:37 EST   but it means that u should a market understanding 01/20/2003 21:33:55 EST   the times when i have lost $$ is when i was wrong, afterwards i could see where i was wrong, wyckoff was right 01/20/2003 21:34:28 EST   The only thing I can think of is some kind of unprecedented event of world shaking importance that was totally unexpected 01/20/2003 21:34:55 EST   jst becasue u see somewthing in wyckoff there are time many times u that u may still lose money 01/20/2003 21:34:57 EST   911??? 01/20/2003 21:35:03 EST   sometimes unexpected ngs happen 01/20/2003 21:35:17 EST   I think 9-11 was a stuation that exerbated the trend 01/20/2003 21:35:26 EST   911 wasn't toally unexpected, in some quarters anyway 01/20/2003 21:35:38 EST   but the ;news: of something happening was there in amrkets 01/20/2003 21:36:07 EST   ty 01/20/2003 21:36:38 EST   the stock market was breaking months bfore 9-11 01/20/2003 21:37:01 EST   Did 9-11 affect the commodities markets? 01/20/2003 21:37:01 EST   01/20/2003 21:37:33 EST   wyckoff is based on price action and volume ONLY 01/20/2003 21:37:56 EST   yes Mgeoerge 01/20/2003 21:38:06 EST   go back and look at the weeks before 9-11 01/20/2003 21:38:18 EST   and the markets after 9-11 01/20/2003 21:38:27 EST   the months after 01/20/2003 21:38:47 EST   is everything clear so far? 01/20/2003 21:38:50 EST   any questions 01/20/2003 21:38:55 EST   Not 9/11----I;m thinking more along the lines of litle green men landing on Earth---and telling Joe K how to mix a new kind of drink that everyone would want LOL 01/20/2003 21:38:57 EST   y 01/20/2003 21:39:02 EST   one of the keys to Wykoff is getting and comparing volume...my charts are lacking quality data here...any suggestions on chart venders, etc? 01/20/2003 21:39:05 EST   I will NOT go further if there is a statement or point u dont understand 01/20/2003 21:39:11 EST   lol, zack 01/20/2003 21:39:34 EST   the best vedor and the most expensive is commodity quote graphics or CQG for short 01/20/2003 21:39:52 EST   how much? 01/20/2003 21:39:52 EST   U MUST have accuarte data 01/20/2003 21:40:06 EST   without accurate data u CANT make a good trade decsion 01/20/2003 21:40:24 EST   like a doctur without a scalpel 01/20/2003 21:40:25 EST   more than I've got, lol 01/20/2003 21:40:38 EST   starts at about 500 a month cdavid 01/20/2003 21:40:50 EST   with everything about 900 a month 01/20/2003 21:41:05 EST   2nd choices? 01/20/2003 21:41:06 EST   but that is for real time - 01/20/2003 21:41:08 EST   for the various exhanges 01/20/2003 21:41:13 EST   yes reeal time 01/20/2003 21:41:39 EST   does a beginning position trader need that? 01/20/2003 21:41:48 EST   ask them if you can get delayed or end of day - 01/20/2003 21:41:51 EST   ther eis futuresource 01/20/2003 21:41:56 EST   esignal ect.. 01/20/2003 21:42:05 EST   No mgeorge 01/20/2003 21:42:14 EST   u need end of say data if u postion 01/20/2003 21:42:20 EST   day not say 01/20/2003 21:42:26 EST   No mgeorge---a beggining traders first job should be to learn Wtckoff and how to apply it 01/20/2003 21:42:49 EST   real time data needed for daytrading only - 01/20/2003 21:43:01 EST   but u should watch intraday data to watch market behavior 01/20/2003 21:43:40 EST   well sometimes john 01/20/2003 21:43:52 EST   U may want real data to make a decsion at the close of a market 01/20/2003 21:44:02 EST   and 15 mion delay could be exp 01/20/2003 21:44:11 EST   call your broker! :-) 01/20/2003 21:44:21 EST   Yes 01/20/2003 21:44:22 EST   yes yes 01/20/2003 21:44:31 EST   u should call your broker as often as u wish 01/20/2003 21:44:51 EST   if a broker doesnt talk to u as often as u like weather u trade or not 01/20/2003 21:44:56 EST   I would not use him or her 01/20/2003 21:45:04 EST   You can get "delayed" intraday data free---lags by anywhere from 10 min to 30 min depending on the commodity 01/20/2003 21:45:05 EST   thats my opinion 01/20/2003 21:45:15 EST   I want my cleints to call me anytime!!! 01/20/2003 21:45:15 EST   mgeorge, here is a site that has delayed interday info - http://finance.lycos.com/home/livecharts/default.asp 01/20/2003 21:45:24 EST   I have an open phone line 01/20/2003 21:45:36 EST   intraday 01/20/2003 21:45:45 EST   thank you 01/20/2003 21:45:49 EST   your broker serves U 01/20/2003 21:45:59 EST   thank you kent - does it show the volunme? 01/20/2003 21:46:09 EST   tic data 01/20/2003 21:46:10 EST   Yes 01/20/2003 21:46:16 EST   and U should always get info from him/her 01/20/2003 21:46:16 EST   tic data 01/20/2003 21:46:25 EST   great! 01/20/2003 21:46:37 EST   I mentioned price action and volume 01/20/2003 21:46:53 EST   thank zack, he gave it to me! :) 01/20/2003 21:46:53 EST   these are the only 2 things u need to be concerned with 01/20/2003 21:47:05 EST   just 2 things 01/20/2003 21:47:41 EST   gary, if you position trade, shouldn't you just be concerned with how market closes at end of day 01/20/2003 21:47:42 EST   01/20/2003 21:47:43 EST   u dont have to read the wall street journal 01/20/2003 21:47:49 EST   or watch cnbc 01/20/2003 21:48:06 EST   well not really MM 01/20/2003 21:48:09 EST   what if u r long 01/20/2003 21:48:19 EST   and the amrket should supply or selling intraday 01/20/2003 21:48:23 EST   u need to see that 01/20/2003 21:48:32 EST   what if the supply comes early in the day 01/20/2003 21:48:39 EST   and then goes limit down 01/20/2003 21:48:46 EST   how does end of data help? 01/20/2003 21:48:59 EST   Gosh no MM----many times intraday is the only way to see the fighting action that has been going on during the day 01/20/2003 21:49:12 EST   i want to see it... 01/20/2003 21:49:32 EST   what time frame best to see this in intraday 01/20/2003 21:49:37 EST   Your association with understanding Wyckoff methodology, will train you to read strength and weakness through vol, price action, and sup/res levels. 01/20/2003 21:49:56 EST   Its a cumulation of all these elements 01/20/2003 21:50:00 EST   Does understanding volume mean just looking at the volume indicator? If prices increase then volume should increase if the trend in strong? 01/20/2003 21:50:01 EST   not any 1 01/20/2003 21:50:43 EST   u will cdavid with charts 01/20/2003 21:50:53 EST   probably the 15 minute MM 01/20/2003 21:51:02 EST   thanks 01/20/2003 21:51:04 EST   I will go over volume 01/20/2003 21:51:05 EST   Its not understanding Volume, its understanding Vol with Price Action, too and from sup and res 01/20/2003 21:51:09 EST   and what it means to price action 01/20/2003 21:51:24 EST   volume is always looked at with price action 01/20/2003 21:51:34 EST   it is like amos and andy 01/20/2003 21:51:38 EST   laurel and hardy 01/20/2003 21:51:44 EST   U can have 1 without the other 01/20/2003 21:51:45 EST   inseperable twins 01/20/2003 21:51:49 EST   as u get more exp 01/20/2003 21:51:54 EST   U will feel the volume 01/20/2003 21:52:01 EST   and wont have to look at it so closely 01/20/2003 21:52:12 EST   and u can tell volume 01/20/2003 21:52:17 EST   by price action 01/20/2003 21:52:21 EST   but that is down the road 01/20/2003 21:52:54 EST   remeber the 3 wyckoff principles 01/20/2003 21:53:04 EST   Generally you see average range of like 3 cents to 5 cents, 1 day you open limit up, do you think Vol got beter ? 01/20/2003 21:53:11 EST   I mentioned where volume and price action are involved 01/20/2003 21:53:11 EST   :) 01/20/2003 21:53:16 EST   which principle is that? 01/20/2003 21:53:21 EST   y 01/20/2003 21:53:35 EST   volume and price action? which principle? 01/20/2003 21:53:47 EST   effort vs result 01/20/2003 21:53:49 EST   2 01/20/2003 21:54:00 EST   Id say all of them 01/20/2003 21:54:25 EST   well Joe they interconnect 01/20/2003 21:54:29 EST   but mainly Cause vs Effect and effort vs Result 01/20/2003 21:54:31 EST   all of them 01/20/2003 21:54:41 EST   but specfically effort vs result 01/20/2003 21:54:46 EST   for this discussion 01/20/2003 21:54:54 EST   I agree 01/20/2003 21:54:57 EST   :) 01/20/2003 21:55:06 EST   beginner class Joe 01/20/2003 21:55:15 EST   :) 01/20/2003 21:55:21 EST   Zack grab the red flag, Greg grab some rope ! 01/20/2003 21:55:23 EST   lol 01/20/2003 21:55:33 EST   lol 01/20/2003 21:55:41 EST   Ok back to my corner 01/20/2003 21:55:45 EST   :( 01/20/2003 21:55:58 EST   Here Joe---tale this pointy hat and come sit quietly in the corner with me LOL 01/20/2003 21:55:58 EST   lol 01/20/2003 21:56:07 EST   okie dokie 01/20/2003 21:56:16 EST   mistakes here don't cost anything Joe :) 01/20/2003 21:56:28 EST   Scoot over ! Zack, you gain some weight ? 01/20/2003 21:56:31 EST   lol 01/20/2003 21:56:35 EST   good 01/20/2003 21:56:46 EST   what was Wyckoff's philosophy on adding to winning positions? 01/20/2003 21:56:47 EST   is this making any sense? 01/20/2003 21:56:52 EST   y 01/20/2003 21:56:54 EST   Just my Gold Eagles weighying me down Joe :) 01/20/2003 21:56:55 EST   y 01/20/2003 21:56:56 EST   y 01/20/2003 21:56:57 EST   y 01/20/2003 21:56:59 EST   lol joe 01/20/2003 21:57:00 EST   y 01/20/2003 21:57:03 EST   :) 01/20/2003 21:57:03 EST   I know it may be contricdictory to what u have learned 01/20/2003 21:57:04 EST   lol zack :) 01/20/2003 21:57:11 EST   I will undo bad habits :) 01/20/2003 21:57:16 EST   y 01/20/2003 21:57:24 EST   it will take time 01/20/2003 21:57:28 EST   have an open mind 01/20/2003 21:57:33 EST   ask questions 01/20/2003 21:57:43 EST   see my earlier q 01/20/2003 21:57:46 EST   ..........< 20 years of bad habits 01/20/2003 21:58:19 EST   please ask agiain cdavid? 01/20/2003 21:58:45 EST   what was Wychoff's philosophy on adding to winning positions? 01/20/2003 21:59:12 EST   add :) 01/20/2003 21:59:21 EST   lol 01/20/2003 21:59:26 EST   it is wyckoff cdavid so u must spell it right 01/20/2003 21:59:35 EST   i am the only one with typos LOL 01/20/2003 21:59:45 EST   I must work harder 01/20/2003 21:59:46 EST   LOL 01/20/2003 21:59:46 EST   gary, when watching 15 min you said could tell supply or demand coming in - what purpose is this - mkt could be just taking a little break and we get out too early maybe - trying to understand 01/20/2003 21:59:56 EST   I will talk on where the best times are to take a postion 01/20/2003 22:00:00 EST   and wehn to add 01/20/2003 22:00:15 EST   it depnds on tioem frame MM 01/20/2003 22:00:33 EST   on a daily chart a 15 minute weakness could be singicant 01/20/2003 22:00:40 EST   on a weekly charts means very little 01/20/2003 22:00:54 EST   I will go over ths MM in time 01/20/2003 22:01:03 EST   k 01/20/2003 22:01:13 EST   it will take 6 months before I will be able to go over all of this 01/20/2003 22:01:17 EST   so pleas ebe patient 01/20/2003 22:01:22 EST   it will all cometogther 01/20/2003 22:01:37 EST   I dont want to overwhelm u 01/20/2003 22:01:42 EST   in the begiining class 01/20/2003 22:01:47 EST   its all already in the archives, I will go back and look up the dates... 01/20/2003 22:01:51 EST   and I want to build a great foundation 01/20/2003 22:01:51 EST   the archives help 01/20/2003 22:02:08 EST   and take terms slow 01/20/2003 22:02:14 EST   and build 01/20/2003 22:02:24 EST   and the classes during the week will make sense 01/20/2003 22:02:37 EST   u will see the terms I use during the week 01/20/2003 22:02:58 EST   and it will come togther 01/20/2003 22:03:05 EST   it may be rustrating at times 01/20/2003 22:03:25 EST   frustrating 01/20/2003 22:03:34 EST   i can vouch for that lol 01/20/2003 22:03:50 EST   but it will come together and u will undertsand 01/20/2003 22:04:01 EST   then u will put it to markets 01/20/2003 22:04:17 EST   but first a strong foundation is needed.. 01/20/2003 22:04:37 EST   the term cm is important 01/20/2003 22:04:45 EST   the 3 principles are important 01/20/2003 22:04:51 EST   and price action and volume 01/20/2003 22:05:18 EST   u have the basics of wyckoff 01/20/2003 22:05:32 EST   next week we will put that in a wyckoff wave 01/20/2003 22:05:38 EST   and u will see how that interacts 01/20/2003 22:05:41 EST   in time frames 01/20/2003 22:05:51 EST   the longer the time frame 01/20/2003 22:05:55 EST   the greater risk 01/20/2003 22:05:59 EST   the gretarer the reward 01/20/2003 22:06:11 EST   and more relaible the longer term charts 01/20/2003 22:06:52 EST   any questions? 01/20/2003 22:06:57 EST   on wyckoff terms 01/20/2003 22:07:03 EST   no 01/20/2003 22:07:04 EST   what I said tonight? 01/20/2003 22:07:05 EST   n 01/20/2003 22:07:05 EST   n 01/20/2003 22:07:11 EST   Two terms we already know--sink or swim 01/20/2003 22:07:15 EST   do u understand? 01/20/2003 22:07:19 EST   lol 01/20/2003 22:07:27 EST   No sink just swim :) 01/20/2003 22:07:28 EST   lol dick 01/20/2003 22:07:38 EST   tomorrow I will send charts 01/20/2003 22:07:41 EST   received your hightower report today gary...thx 01/20/2003 22:07:45 EST   wendesday wyckoff principles 01/20/2003 22:07:47 EST   would the CD be helpful with the beginner classes 01/20/2003 22:07:52 EST   good MM 01/20/2003 22:08:00 EST   Yes MIke very helpful 01/20/2003 22:08:05 EST   as we go over terms 01/20/2003 22:08:11 EST   thanks 01/20/2003 22:08:12 EST   there is a glossary on the site 01/20/2003 22:08:15 EST   thanks for taking time for class, gary - appreciate it 01/20/2003 22:08:17 EST   so please read those terms 01/20/2003 22:08:26 EST   I will see u all tomorrow:) 01/20/2003 22:08:30 EST   thanx gary 01/20/2003 22:08:30 EST   ditto that 01/20/2003 22:08:33 EST   thx gary 01/20/2003 22:08:35 EST   and then again next monday for the begiiners class 01/20/2003 22:08:35 EST   great class - thanks gary - goodnight to everyone 01/20/2003 22:08:36 EST   thanks gary 01/20/2003 22:08:36 EST   thanks gary 01/20/2003 22:08:37 EST   User [M.Martin] left forum. 01/20/2003 22:08:42 EST   thankyew! 01/20/2003 22:08:43 EST   gn 01/20/2003 22:08:46 EST   ty gary 01/20/2003 22:08:48 EST   User [cdavid] left forum. 01/20/2003 22:08:49 EST   thuesday thru thursday this week 01/20/2003 22:08:53 EST   User [JohnH] left forum. 01/20/2003 22:08:54 EST   Thank You for your time 01/20/2003 22:08:56 EST   reg class monday beginners class 01/20/2003 22:09:01 EST   good night thank you all :) 01/20/2003 22:09:02 EST   User [meg] left forum. 01/20/2003 22:09:03 EST   my pleasure 01/20/2003 22:09:04 EST   Only 1 hr. for Monday class GAry ?? 01/20/2003 22:09:05 EST   User [mgeorge] left forum. 01/20/2003 22:09:11 EST   yes zack 01/20/2003 22:09:12 EST   User [gary fullett] left forum.