Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (116028)	11/4/2000 4:13:45 AM
From: MrBuzz	Read Replies (1) of 120523

Isn't it amazing how one can tell a story about whether a stock is moving up or down with mathematical indicators? Anyone notice that one can use a slew of mathematical indicators and try to tell a story of the reason why it went up AFTER it done so? "XYZ is going up! See! See! The watoozie indicator is signaling it will go up and it brokeout on the 113th day since it split and the CEO's wife had a baby! Not only that but the CCI(x to the sqroot of PI) indicator shows it is going up too! In addition, the stochastic(69.756934) day indicator shows it is going up and brokeout of a 176 day consolidation!". Anyone could tweak any indicator to any time period to make things look good. There are hundreds, if not thousands of standard indicators in existence. Mathematical indicators are for mystics and palm readers who "think" they can explain all market phenomenon through mathematics. They waste an extraordinary amount of time tryiing to find a holy grail. It only "appears" to work when all the people who use it, believe in it and tell others to use it too. It soon becomes a dumb means of believing in why a stock is going up. Then the novelty of it all wears out and it no longer works anymore (if it did at all). If one told you to buy because the moon turned full on Monday for stock XYZ and if you and thousands of others believed it... well, you get the drift. Don't get sheepled into following someone who describes a stock's movement according to a combination of mathematical functions. Because if you think of it, if that person had the golden formula, why would they tell you at all? (probably because they own the stock they are story telling for). You can probably save yourself a lot of time and energy if you just said "I think this stock is going up or down", then do the opposite. ROFLMAO!!! Or... Just believing that a stock goes from point A to point B and taking appropriate action along the way is just as easier before you press the buy button.

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