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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: Win-Lose-Draw who wrote (15531)12/11/2002 7:44:18 PM
From: eddieww  Read Replies (1) of 19219
 
"dumb is a relative term. there's always someone(s) at the wrong end of the distribution curve."

LOL! Absolutely right!

Actually, those of us here at SI who are still solvent, (I suspect some who post here are not), and others like us are now the low-hanging fruit. Have you noticed that many trading indicators don't work so well anymore, or give out more false signals? The big trading houses and the hedge funds, while going after one another hammer-and-tongs, are also trying to pick us off. They know very well the technical and sentiment indicators we small-fry use, and game them when they can. Our advantage is our relatively small size.

Stay nimble - like a mouse grabbing peanuts in a room with warring elephants. -g-
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