International Precious Metals (IPMCF) Message Board

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Gold/Mining/Energy : International Precious Metals (IPMCF)

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To: Mark Bartlett who wrote (1563)	1/22/1997 9:32:00 AM
From: CynicalTruth	of 35569

Hi Mark... re: ###<<Mark...No matter what anyone says about TA it has it's purpose. The FA'ers might think it's voodo but if you take the time to study the charts they do give up some secrets. On Jan. 20th IPMCF gapped open. It has done this several times in the past. >> John ... I do not think that the others think Mark's TA is voodoo ... I know that is very helpful ... and I think that they do too ... I think that they just wanted to be sure that he did not let his TA completely rule his decision process for fear he might miss out on an explosive upswing .... but who knows what the future holds ! Good luck,### Well for starters I never said Mark's TA was voodoo. It was made at TA in general. The point was that people who use only FA don't believe it works. (On any type of stocks.) I personally use both, but that's another subject. I believe that Mark (#2) <G> was trying to offer his insight on the TA side of IPM. Maybe that's his expertise in the world of investing. He has his methods and others have theirs. As he stated he is not comfortable with the emotional side of trading. Like the saying goes "There's 101 ways to skin a cat." I like cats so I perfer "101 ways not to skin a cat." Anyway.. trying to change or persuade a persons investing methods with phrases like, "if you don't get on now you're gonna regret it", etc., etc. does wonders for emotional trading decisions. Nobody wants to miss the train. (Kind'a like a voice from each shoulder). This is what is giving the online investing community a bad rep. Let's all try to learn and prosper from each other without influencing a persons choice. True facts do wonders. Noff said. Good luck to you too, Mark. John (yep, long IPM)

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