Anthony @ Equity Investigations, Dear Anthony, Message Board

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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Anthony@Pacific who wrote (53874)	4/1/2000 12:45:00 PM
From: HairBall	Read Replies (1) of 122087

A@P: Here is a typical story about why Day trading and TA analysis Is Complete Bullsh!t, Charts can be used to keep bird droppings off the floor and graphs tell you what happend But have absoulutely nothing to do with what will happen... Technical analysis works, but as is nothing in the markets it is not 100% and it should not be used in a vacuum. Fundamentals, sentiment and momentum should all be used to supplement. In addition, technical analysis is subject to the tools one chooses to use, the ability of the user and the discipline by which all of the above is followed. A disciplined approached to trading should be incorporated as well...a good money management strategy. All are factors in ones success rate! I was guilty of everything I told you readers not to do. The guy openly states he went against his own system and rules and paid the heaviest of price. Anthony, you gleaned from the article only what you chose! We all know investors have varying abilities when it comes to researching and or interpreting the fundamental data as well. If that were not the case, all of us would be your equal relegating your abilities to just mediocre. While I have admired your ability to dig up the truth about many companies, your timing from my perspective has often not been the best. A little good TA could have help you out many times, IMO. At times you seem to glean only what you want from information, based on a bias I presume. Regards, LG

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