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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Susan G who wrote (34508)4/20/2002 1:27:29 PM
From: TraderXx  Read Replies (1) of 52237
 
NOW NOW Susan..don't let that cynicism cloud your trading <<gg>> Its true theres is enough cynicism and doom and gloom here on SI to go around for everybody without you starting <gg>>, but the key is to understand if you are a "trader" or "investor" . I have read some amazing evaluations and rants from some very knowledgeable posters here on SI and the fact is it doesn't add up to a hill of beans..IMO. Its all pseudo intellectual economical theory masturbation to coddle their own positions in my opinion. Those posters can rant away but the bottom line is what the "market" is saying. Sure stocks become overvalued and undervalued, but thats what makes a market.

Susan..I guess what I'm saying is even if that were true that there is some "huge" conspiracy to BS the general public in buying these upgrades, I won't fall victim to crying "foul" and whinning about how everything is "so unfair". Its a waste of time. Just learn to play the game how it has been played for years and move on. If all these posters here feel the market is overvalued then SHORT IT! and become an "investor" or "divestor" <<gg>> Otherwise if one were truly a trader, one would be nimble to the ups and downs (pun intended) of the market and deal with it. All this emotional garbage is ridiculous and amateurish IMO

In any case, charts are what help me determine what I will be doing..not some interpretation of where I "think" there market is going. All I can do is take my postions through support and resistance, trendlines etc. and act accordingly.

Wish you lots of luck

TraderXx
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