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Re: [RT] Dow



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My belief is that technical analysis already reflects ALL,that is known
about a stock including all fundamental factors. I believe that is the
standard belief of technicians. It seems that is what you are also saying.
My original email to Bob may have been ambiguous.
Dom                                     ----- Original Message -----
From: "Ira Tunik" <ist@xxxxxx>
To: <realtraders@xxxxxxxxxxx>
Sent: Wednesday, December 06, 2000 10:03 PM
Subject: Re: [RT] Dow


> Those factors would all have been factored in before you selected the
stock to
> trade.  They would be terrible if you were looking for a short in a down
market
> and they would be wonderful if you were looking for a stock to trade in an
up
> market.  After the selection, you would trade it technically.  Ira
>
> Dom Perrino wrote:
>
> > Bob,
> > In your opinion,what would you consider key differences between a
technician
> > and a fundamentalist ( like yourself ) if both let the market tape call
the
> > shots on a day to day basis, and, as you well put it, keeping the
account
> > healthy.
> > It would seem to me that the technician would have an easier job since
on a
> > short term basis p/e, book value,sales, balance sheet, current ratio
> > etc.would not need to be factored into the trade .
> > Dom
> >
> > ----- Original Message -----
> > From: "Bob" <bobskc@xxxxxxxxxxxx>
> > To: <realtraders@xxxxxxxxxxx>
> > Sent: Wednesday, December 06, 2000 1:21 PM
> > Subject: Re: [RT] Dow
> >
> > > An elitist?  I hope not and I certainly hope that you detect a man who
> > > doesn't send insulting comments about someone he knows nothing about.
> > >
> > > As to the content of my mail, I was trying to state that as long as
> > > liquidity and beta are the principal drivers of the nas while value
and
> > > common sense take a back seat, all gains should be viewed as temporary
and
> > > unsustainable.  As to "burning flesh", I don't care which way this
market
> > > goes as long as it goes .. I let the market tell me what to do on a
day to
> > > day basis and I don't fight the tape.  My account is healthy .. I hope
> > > yours is as well.
> > >
> > > Bob
> > >
> > > At 03:35 AM 12/6/2000 -0500, you wrote:
> > > >Bob,
> > > >      I've been a student/investor for many years.  Sounds to me like
> > you've
> > > >become "insulted" that the mob out there doesn't have your
intelligence
> > and
> > > >prescience.
> > > >
> > > >      Do I detect the burning flesh of an elitist?
> > > >
> > > >
> > > >To unsubscribe from this group, send an email to:
> > > >realtraders-unsubscribe@xxxxxxxxxxx
> > >
> > >
> > >
> > > To unsubscribe from this group, send an email to:
> > > realtraders-unsubscribe@xxxxxxxxxxx
> > >
> > >
> > >
> > >
> >
> >
> > To unsubscribe from this group, send an email to:
> > realtraders-unsubscribe@xxxxxxxxxxx
>
>
>
> To unsubscribe from this group, send an email to:
> realtraders-unsubscribe@xxxxxxxxxxx
>
>
>
>


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