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Strategies & Market Trends : Ask DrBob
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To: tanstfl who wrote (40041)7/13/2001 10:03:10 PM
From: iowamann, Spam Queen  Read Replies (2) of 100058
 
Steve, caught your post stating that you were extremely educated but still couldn't understand my posts.

Let me type real slow. (joke)

One of Iman's basic tenets is that TA IS GREAT but it is also useful if you are in tune with the market.

Simple enough.

Example:
A distinguished person on this board suggested (based on TA) shorting ebay at 63 a couple of days ago. Based on a complete overview of the market the Iman found that interesting and wasn't so sure it was a good idea.
Ebay closed at 67 today. How much margin will they give you.

Iman bought BA at 53.10 Tue. A distinguished member of this board also skilled in TA boasted he was still short BA just this morning. BA closed today at 55.07.

These aren't huge gains but I like to buy from 100 to 1000 shares of stock, get in, make a buck or so a share and get out.

If you were really bored you could go through my posts and find countless occasions were a logical overview of the market surpassed TA in short term results.

Some members of this board asked me to quit posting these type of comparisons. They said good and bad calls will become obvious and people will be able to figure it out on there own. Maybe so, maybe not.

But that's all, no big deal. I probably won't bring it up again until somebody else does.

Not saying I don't like TA.
Message 16053231
Everybody forgets this aspect of me.

BTW, I am truly impressed with your credentials.

********************************

For another person who has difficulty understanding my posts, I'll type even slower (another joke)
The market can be in a range which will allow it to go sideways and still drift slightly down without breaking the sideway's range.
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