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Strategies & Market Trends : Trend Setters and Range Riders

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To: bobby is sleepless in seattle who wrote (391)12/14/2000 1:32:54 PM
From: .Trev  Read Replies (1) of 5732
 
Thanks for your helpful comments. I'm not sure that I want to be a PURE Technician....just a successful one. I look at anything that I think might have a chance of increasing my understanding of what's going on. Until recently that didn't include TA, but I'm learning.

sometimes what's built into the charts is not PURE Fundamentals but just the MM Two step. I have to suspect that somebody knows the probable magnitude of the "Loss for the Year" and wants to bail knowing that they can buy back later, and has the muscle to arrange that. Tell me how to read that from a chart please, if you can we'll make a fortune between us.

If the Purists think the MM's don't understand Ta, they're very naive. You're right IMHO when you say take your money off the table, I would if I had a position, so we're back to the old merry go round. With all this technology when is somebody going to invent a Crystal Ball that works?<ggg>
Haven't worked my way up to shorting yet.

Cheers
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