OK,
Then please explain what part of F/A tells me when to buy in at a bottom, and what part of F/A tells me to sell at a top.
Reading your point about wider swings, creating better entry/exit points, doesn't that indirectly imply trading vs. long-term investing. If someone is in it for the long-haul, there is no entry/exit point strategy of major concern, it's simply hold on for the ride.
Like I said, volatility is WAY up, fluctuations are much more severe, and I think this makes the case for long-term holding less predictable and easy compared to 20-30 years ago. For anyone that agrees, I simply think it is worth investing some time in T/A to develop and operate using rational analysis, which combines both of the two.
What is the intrinsic number for THQI by the way? Is it intrinsic, or is it somewhat arbitrary? Who sets the number, and if it is so intrinsic why does the price fluctuate so much? This is a game of emotions, the emotional tug of war is what drives the volatility, and that is not going to go away. So I think a case for using T/A to strike entry and exit points is not a bad idea.
Regardless, best to all THQI longs, I'm in at $23 (based on T/A).
Regards, JB |
