Quote.com QCharts Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Quote.com QCharts

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: ahhaha who wrote (13525)	4/13/2001 5:10:41 PM
From: Jeff Jordan	Read Replies (1) of 17977

ahhaha, I see your still entertaining everyone here....I just want to give you something for your idle mind to reject since you appear bored. I have no opinion of the factual relevancy of this discussion. I do have my own simple understanding on how the game is played. here's the link first: tradingeducators.com OK, I trust my brain to recognize patterns....I'm sure it has something to do with basic survival instincts? What I do know is simply; the value of a stock is only what the greater number of buyers is willing to pay for it. As long as the number of buyers is greater than the number of sellers the price goes up. This is true for any commodity in any market. I believe this is a factual statement. Now, are we all gamblers and sharpshooters trying to beat the odds because we attempt to time entry/exit points in a given market? Who cares? I've heard we can't win because of our methods? And only those who invest over time win...I'm pretty sure that myth was debunked this past year. "Valuation" another myth....I believe my above opinion is more accurate than any economist estimates based on P/E multiples,capitalization, intrinsic value. EBAY analysts upgrade at 200 but downgrade @ 13. nonsense! Charting programs simply give us visual types a snapshot of sentiment. It's just so much easier to view price volume on a graph than a spreadsheet. As you know I'm big on patterns, charts, indicators...I don't need to know much more than that to play in this game...trusting what I see is something else....acting on that emotion is just faith....over time trust is built in the effectiveness of a system as the outcome is proved. here is a simple chart I trust. enthios.com Here's one I use everyday....I can just trade looking on the color bars to tell me what to do...no thinking required....yet they always seen to tell me when the price is moving up or down? Somehow, I manage to make a living? tenlights.com the above graphic presentation of data portrays only enough information for me to consistently make money. That's all I need to know as fact or faith in it's viability. which comes to our economy and the dollar and any other currency that we value. Does it really have value? No...only that we say it does and are willing to exchange goods for it. random processes mean nothing when emotions are at play...If I say 2+2=3 all I need is one other person to believe me that it's true to make it so...right? Or there is just a variant missing in the equation? Vegas puts great faith in the random certainties...That's no reason not to chance..yet on any given day the suckers win...some of them big<g> Nobody cares if the percentage don't!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next