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Politics : High Tolerance Plasticity

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To: chowder who wrote (18463)1/11/2003 9:49:35 AM
From: quehubo  Read Replies (1) of 23153
 
Yes, Dabum I read your call. You indicate that you know nothing of the fundamentals and rely 100% on TA.

I rely 100% on fundamentals to put me in a sector at a certain valuation. I will rely on TA to varying degrees depending on fundamentals.

Selling PTEN at ~$33+ was a TA and valuation call, Buying again ~$28 was also TA & valuation. Did TA get you in PTEN at recent low values in the teens?

With the present forward strip DVN is trading about 20% lower than historical valuations. My basis is $46 in DVN which appears to be close to a support level.
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