Re: [amibroker] OT:Re: Technical Vs technofundumental trading

["Anthony Faragasso" <ajf1111@xxxxxxxx>]

Pal,

 

No axe to grind....I would just once , like to read something original from you....

 

Anthony

 

Ps. I will not respond to any further correspondence on this topic.

 

 

 

 

----- Original Message -----

From: Pal Anand

To: amibroker@xxxxxxxxxxxxxxx

Sent: Tuesday, February 08, 2005 5:53 AM

Subject: [amibroker] OT:Re: Technical Vs technofundumental trading

Nope, not exact.  I agree with  those views except that I dont use PS
(Price to Sales Ratio) and I do use Cash Flow and I'm very well aware
of Merck as I traded it.  If you have a genuine objection to my post,
come out with it, don't try to grind your axe.
--- In amibroker@xxxxxxxxxxxxxxx, "Steve Dugas" <sjdugas@x...> wrote:
> Hi Anthony,
>
> I have seen Holygrailism mentioned several times now, and finally
decided to go have a look at it. Well, no luck finding it with 3
different search engines. Could you please provide the URL? Thanks
very much!
>
> Steve
>   ----- Original Message -----
>   From: Anthony Faragasso
>   To: amibroker@xxxxxxxxxxxxxxx
>   Sent: Monday, February 07, 2005 10:05 PM
>   Subject: Re: [amibroker] OT:Re: Technical Vs technofundumental
trading
>
>
>   Pal,
>
>   Your exact reply was stated early on the Holygrailsm board at
4:37 pm by Drew....he must have plagiarized you.  :)
>
>   *********************************************
>   Interesting...
>
>   The real key (IMO) is the Cash Flow from operations (not one time
sale of an asset, or increase from pension income). I look for beat-
up companies that will survive. Cash flow is key. Oftentimes
companies go down ala Merck, to name a recent example, but have the
wherewithal to recover. This is event buying and it works nicely. In
the past I've picked up 10-15% buying on bad news.
>
>   One must be extremely careful with the use of PS. Retailers,
insurance and supermarket chains typically have low PS values.
>
>   Drew
>   **************************************
>   Anthony
>     ----- Original Message -----
>     From: Pal Anand
>     To: amibroker@xxxxxxxxxxxxxxx
>     Sent: Monday, February 07, 2005 6:32 PM
>     Subject: [amibroker] OT:Re: Technical Vs technofundumental
trading
>
>
>
>     --- In amibroker@xxxxxxxxxxxxxxx, "duke.jones"
<Duke.Jones@xxxx>
>     wrote:
>
>     > However, price action is always the ultimate ruler in exits
and
>     risk management.
>     >
>
>     I agree with the above statement.  The real key is the Cash
Flow from
>     operations (not one time sale of an asset, or increase from
pension
>     income). I use Cash Flow per Share.  I look for beat-up, un-
loved
>     companies which nobody wants, but that will survive in the not
so
>     distant future. Often times companies go down like Merck, for
>     example, but have the financial strength to recover. This is
buying
>     the rumor and selling the fact.  
>
>     rgds, Pal
>
>
>
>
>
>
>
>
>     Check AmiBroker web page at:
>     http://www.amibroker.com/
>
>     Check group FAQ at:
http://groups.yahoo.com/group/amibroker/files/groupfaq.html
>
>
>
>
>
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