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Subject: Re: GEN: INC.
Message-ID: <3427721E.AD85C717@xxxxxxxxxxxxxx>
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George M Burke wrote:
> Walt: Is there any subject that you don't have to comment on? I get
> tired of getting 70 messages and 35 of them are yours.
Jeff wrote:Hey you, this is a forum about technical analysis, systems,
trading techniques, and technical market forecasts. And that was
exactly what Rick and Walt had been doing for the last '35' posts. I
picked up alot of pointers and received alot of assistance from these
traders personally. I don't really understand why people like you have
to put garbage like that on this list. I don't even know WHY I am
>
I agree. The premiss on which I joined was to learn more about trading.
Why would this be the exclusive territory of technical analysis? I swear
the world has little appreciation of "value" anymore. I would just like to
trade in a couple of stocks whose performance graphs form a double helix
pattern. After enjoying a bit of profits on one of them in Calls and the
other in Calls the next cycle, I could ride one with puts and the other
with calls, and at the next juncture, just switch!
One of them could at some point become a darling, leading me to exercise
the calls. Then just buy and hold, and watch for another group leading to
the same profitable roller-coaster pattern. Who among you really believes
in this reading of tea-leaves and make money on anything more than
gratuitous random-walk moves (I've flipped a nickle 100 times and it has
come UP 80 times, so now the chances of it showing Tails is very high!).
One hour's trading activity in a stock, option or commodity has nothing to
do with the next, except for what mass psychology suggests would be the
wrong move. The majority is always wrong.
petena9090@xxxxxxxxxxxxxx
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