Babak's Journal

Banjo · May 28, 2003

Differing perceptions , opinions are what make mkts. Babak puts a hell of a lot of work into his efforts, I for one enjoy reading it and respect the quality of his derived opinions even though we are on opposing sides at the moment. It's amaturish that some get their egos so involved, nobody's right all the time, we all have our green weenie days, that's how we learn. I would be more interested in discovering how another participant's mind was working to see if I might learn something new than expressing my own opinions. Anything I post anywhere is simply my opinion and never a critique. It's impossible to know the future untill it becomes the present and many have bets on opposing sides going at any given time.

dbphoenix · May 28, 2003

Quote from Banjo:

It's amaturish that some get their egos so involved, nobody's right all the time, we all have our green weenie days, that's how we learn.

The chief reason why people get so angry about stuff like this is the niggling fear that the object of their anger might just be right, in which case they themselves would be wrong, and nobody likes to be wrong, particularly if they have a large ego stake in making "calls" and being admired.

I couldn't care less whether Babak is "right" or "wrong". I enjoy following his train of thought. He makes the process transparent, much as Dunnigan did. Wish I could say the same for other ET members.

Jesse J. · May 28, 2003

babak said he wanted to have us make him eat crow if he was wrong.

who wants to give him his first feeding?

to be wrong, and have the market go 5% against you is not peanuts, so please don't apologize for him.

5% is alot to me, but I don't like to lose.

just my thoughts here.

Biog · May 29, 2003

Very quiet on this thread...could it be because the Sps are trading at 960 after breaking DOWN from a wedge?

Where are the bearish cheerleaders now?

:eek:

Jesse J. · May 29, 2003

but it keeps getting removed.

I just as babak to tell us when he turns bullish, or even neutral!!!

dbphoenix · May 29, 2003

Quote from Biog:

Very quiet on this thread...could it be because the Sps are trading at 960 after breaking DOWN from a wedge?

Where are the bearish cheerleaders now?

:eek:

I think I saw them watching the SP make a new LOD.

Magna · May 29, 2003

Quote from Jesse J.:

I try to post here... but it keeps getting removed.

I'll make you a deal. You stop posting the same rants over and over and over and over and over and over and over and over and over and over and over and over and over and over and over.... and then I will stop removing your worthless, repetitive posts.

You've made your points very clear:

You are absolutely brilliant at prognosticating, probably one of the all-time greats
No one at ET respects you at the levels you deserve
For short-term trading Babak was wrong in being bearish
As a public service you want to warn all ET members of this grievous situation
You will not let up until Babak admits his "error" to you

Hopefully I covered all your important points so you won't feel compelled to post the same thing to this journal a half-dozen times per day.

dbphoenix · May 29, 2003

You're a good man, Magna.

Whamo · May 29, 2003

Quote from dbphoenix:

You're a good man, Magna.

Agreed, and Jesse J is an idiot. "Please Mr. Magna, let me post the same thing just ONE MORE time."

alfonso · May 30, 2003

Quote from Magna:

You've made your points very clear: You are absolutely brilliant at prognosticating, probably one of the all-time greats

Wait a minute Magna, if you're going to summarize his position, at least do it accurately. Calling him a prognosticator simply doesn't do justice to his talents; much more than that, Jesse is, I quote, one "crackerjack trader". [my italics]

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