RocketMan
OT
Being guilty of the one who set off Hahaha....I thought I'd
mention something I remembered when he mentioned the chart of
10,000 coin tosses. I can't remember when or where, but I have seen such a chart and it does look alot like a stock
chart. As KymarFye mentioned earlier, there are up trends,
down trends and flat periods.
So guess what? I mentioned to him right away I use trend lines? Did he listen?
IF EVEN RANDOM CHANCE TENDS TO TREND, then trendlines can be drawn and hence, trend-line breaks become buy and sell signals! Even if price action on charts ARE merely random
chance in chart form (which you nicely point out is not exactly), trend-line followers still win.
Still, a "kernal of truth" as Kymar points out does not excuse barbarian behaviour and only hides Dr. A's many outrageous and ridiculous statements.
Two, really dumb-a$$ statements were mentioning universally
that all traders are losers. He calls himself a stock operator for 32 years. I guess then he admits to being a loser. Secondly, his statement (among many others) that the
only way to win is to HOLD.... How long? Forever? Then may I ask what his interest would be in the first place in Market
Direction Discussion. Why would anyone care about Market Direction if they are only holding!! Price goes up, you hold.
Price goes down, you hold. How do you win? There is no point
whatsoever to following Market Direction if at some point you do not plan to buy or sell. So why may I ask is the guy stirring up sh** here? Bored? He's either a liar or likes
to stir up stuff and sling insults. I learned long ago that
rebuttles to argument in the form of insults and half-truths
are smokescreen tactics often employed by drunks. If you had
half a leg to stand on, why would you need to resort to such low-life tactics?
I will go to the extent that IMO, he is probably intelligent
(aargh) and knows a thing or two. But he has the personality
of a porcupine....
So, yes, I agree with your post and Kymar's post pointing out
similar observations that some of Dr. A's statements have
truth to them. I did not disagree with all of the ideas he brought forth, only his use of them as nothing more than artillery for his foul attacking mood and smokescreen for his many other incredulous remarks.
I appreciate your sense of fair play pointing out the correctness of certain statements he made.
Regarding Dr. A? I think I know what the A stands for.
Regards,
Eichler
P.S. I apologize to all on the thread who felt that whole
discussion sullied the MDD thread. And to those who found
some humour and found the uh...sidetrack amusing.....ROCK ON! |
