SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: GraceZ who wrote (148183)2/4/2002 2:08:50 AM
From: At_The_Ask  Read Replies (1) of 436258
 
What he states about all public news being reflected promptly in the price of a stock is a basic tenet of technical analysis. It goes even further than that because a chartist believes he can see not only what the public knows, but also what smart money knows and is acting on behind the scenes. Markets move based on the emotions of the participants in the buying and selling process. How often do we see bad news come out and yet the markets go higher? Or good news and the markets sell off? A technician listens to what prices are telling him. "Bad news, the markets keep going higher, something is up! I need to buy." It's pretty much like tape reading but on a larger timescale.

I believe that prices that are attached to stocks have absolutely no basis in reality. If there was any means that could effectively price stocks there would be no chance for profit. Some giant computer would calculate the price of everything and that would be that. I would go as far as to say that stocks are always Incorrectly priced.
Investors are cats in a room full of rocking chairs. Wanting to find a good place to sit but constantly in danger of getting their tails smashed. So they eternally run from danger to perceived safety. Often they find me there, at the ask, with safety for sale at a reasonable price. ;-)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News