Befriend the Trend Trading Message Board

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Strategies & Market Trends : Befriend the Trend Trading

SPY 660.19

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Nov 18 4:00 PM EST

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To: ratan lal who wrote (19167)	6/7/2001 12:58:05 PM
From: Dr. Stoxx	Read Replies (1) of 39683

And now a reading from the Gospel According to Farley, chapter one, section two, beginning at the fifth paragraph... "In contrast to the cold discipline of fundamental analysis, the pattern analyst's world reeks with lust and intrigue. The markets are about money. No other controlled substance brings out the best and worst of humanity with quite so much intensity. The markets become our lovers, our bosses, and the bullies who beat us up when we were young. As assets shrink or swell, emotions flood in and cloud reason, planning, and self-discipline. Chronic fight-flight impulses emerge to trigger unconscious (and often inappropriate) buying and selling behavior." Here ends the first reading... Brilliant stuff, Alan! I'm really enjoying this book! TC

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