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Strategies & Market Trends : Underexposed Technical Analysis

AQN 5.875

+0.4%

Dec 5 9:30 AM EST

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To: robert b furman who wrote (717)	1/7/2020 2:17:18 PM
From: Underexposed	of 914

Hi Robert I am glad that my TA works for you and helps you make your decisions. I cannot pretend that I understand what you are doing as far as options go. I tried to get into Options at one time but found it too confusing and any articles or books I picked up to look at it seemed to believe I understand options to begin with and were trying to take the reader to the next level. So I made the decision to become very good at some thing I understood rather than be mediocre at everything. It is like trying to understand Fundamental Analysis... I really believe there is a place for FA in stock analysis. But I am not a financial analyst and cannot get excited as some do about tearing apart a financial report. So my FA is limited to two things current/long term debt and total and net revenue...it basically salts out really bad companies. At times I do dig into a company (usually a resource company) to see if they are scammers. (TIP: A Canadian company into mining or oil/gas, that lists on major American exchanges but DOES NOT list on any Canadian exchange, is usually a scam company. Canada has the highest listings in the world for Mining and Oil and Gas companies. We are a resource country.... start-up money resources are found in Canada.) I have many more tools to uncover scam companies :) When someone like yourself tells me to pay attention to a particular company because of your FA assessment I do listen.... that is how we added COHU to the fantasy American Portfolio.... #1 your FA assessment, #2 My TA assessment for market timing. The two, FA and TA, are a good marriage. When it comes to BRKS ....I believe you when you say how solid the company is.... but now is not the time for putting money into the Fantasy American Portfolio from a standard buy/hold strategy.... It is only a watch for me and when It turns around then hopefully I would spot it from a market timing POV. As it is we have 4 stocks in that portfolio that have given us a 20+% return in a lousy 4 months so there is no rush to replace them. Of course as I explained, I am limited in real life because these companies are listed only in the USA and the timing is not right to add money to my $USA account... I take a 25% hit on exchange rate which I don't like at present since the Canadian market is not as generous as the USA market over the last 5 years. No .... I am a firm believer in to "sticking to your knitting" LOL.... I have been retired for about 15 years and have not worked a day during that time if I did not want to and then only as a volunteer. I have traveled overseas for a month or so at a time about every other year and within my country or the USA at other times and live debt free. My TA has carried me through a couple of major world financial crises and a long downturn in the Alberta economy due to the plummet of the price of oil....oil was priced at less than $50/barrel and Alberta can only sell it to the USA as we are landlocked. The USA gets a 25% discount off that price AND believe it or not Canada is tarriffed on that oil...as if we import oil to resell to the USA!!... so at times Canadian companies got less than $20/barrel for our oil over the last 5 years or so. The USA gets a pretty good deal off Canada because the bulk of our oil cannot reach world markets and we have reserves as great as Iraq, Iran or almost as much as Saudi Arabia!!! Hopefully that will change but approvals for pipelines to the Pacific ocean have a number of difficult hoops. Anyways, I am ranting and rambling now ... comes with getting older :) I enjoy this thread and sharing what I know and actually learn more about TA by doing so. regards UE

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