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[amibroker] Re: Historical trendlines



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I agree, DT is correct. That's what we really buy.

--- In amibroker@xxxxxxxxxxxxxxx, "DIMITRIS TSOKAKIS" 
<TSOKAKIS@xxxx> wrote:
> Howard,
> There is a misunderstanding here.
> We dont buy *real* reports, we doNt even care for real reports.
> We buy rumors, we buy an unbelievable mix of truths and horrible 
lies.
> The big deal it to buy *before* the mass.
> Do not forget also why any CSCO goes up : The only reason is 
because 
> people buy CSCO and the buyers pressure is greater than the 
sellers 
> pressure.
> Before the important earnings report, the stock will move, this is 
> the fact. Try to be on the right side, take the money and run !!!
> The charts will present the situation, but they always have the 
> undesirable d e l a y.
> I think it is clear, if we were buying "real" reports there would 
not 
> exist any kind of stockmarket.
> Dimitris Tsokakis
> PS: I did not like so much you put ENRON just after CSCO, it is 
not 
> fair, but never mind...
> --- In amibroker@xxxxxxxxxxxxxxx, "Howard Bandy" 
<howardbandy@xxxx> 
> wrote:
> > Earnings reports?  
> > 
> >  
> > 
> > Those of us outside the Cisco (Enron, Tyco, WorldCom, Quest) 
finance
> > department will Never know what the Real earnings were.  Every 
time 
> a
> > company, or analyst, or government office releases a number, 
there 
> is an
> > undisclosed agenda associated with it.  Who wants us to be 
bullish 
> and who
> > wants us to be bearish?  What are sales?  What are inventories?  
> What are
> > costs?  What are net revenues?  What are operating earnings?  
What 
> are
> > special charges?  What has been set aside in some accrual 
account?  
> Which
> > figures are real and which are imagined?
> > 
> >  
> > 
> > Believe your charts and systems. 
> > 
> >  
> > 
> > Ignore earnings.
> > 
> >  
> > 
> > Howard
> > 
> >  
> > 
> > -----Original Message-----
> > From: Jayson [mailto:jcasavant@x...] 
> > Sent: Thursday, November 06, 2003 7:57 AM
> > To: amibroker@xxxxxxxxxxxxxxx
> > Subject: RE: [amibroker] Historical trendlines
> > 
> >  
> > 
> > Dimitris,
> > 
> > the challenge (for me) is to trust the last few break out days 
of 
> CSCO as
> > true strength or simply pre earnings posturing. In this case it 
> certainly
> > would have been beneficial to trust the line studies. The 
previous 
> release
> > of earnings was not so kind......Sooo many pieces to the puzzle
> > 
> >  
> > 
> > Regards, 
> > 
> > Jayson 
> > 
> > <<<< SNIP >>>


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