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Pastimes : ASK Vendit Off Topic Questions

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To: Tomato who wrote (14504)10/5/2000 1:50:11 AM
From: brk  Read Replies (1) of 19374
 
Seems to me that he points out stocks that he thinks will go up and stocks that will go down

Yes Tomato he does......based on OTHER PEOPLE'S "systems". Like those of Mr. Bollinger and Mr. Williams and all the other technical geeks that invented the MACD, Stochatics, Candles, etc.

The whole crux of your debate relies on the fact that Vendit has a "system" for trading. He doesn't. All he does is interpret the various "systems" (we like to call them "indicators") of other technical analysts in an attempt to discover the possible future movement of a security or index.

You are completely misinterpreting the role of Vendit and the purpose of this thread. You see, after you learn how to understand the indicators, candles, etc. , then you develop a system to trade that best suits you.
This thread is for understanding the indicators, not analyzing "systems" of trading like the other guy you follow on SI.

I hope this clarifies things for you in objective, analytical manner. Maybe you should get on the religious threads on SI and ask for scientific evidence that proves the existence of God instead.
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