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Strategies & Market Trends : Classic TA Workplace

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To: jmanvegas who wrote (65782)2/8/2003 10:12:41 PM
From: John Madarasz  Read Replies (1) of 209892
 
here's a bio that met all your equations and look at the long term falling wedge of lower highs and lower lows to the existing gap...

stockcharts.com[g,a]daclnyay[d19980208,20030208][pb50!b200!b8!f][vc60][iUb14!Uh25,15!Uh5,3!La8,17,9!Lc20]&pref=G

i personally know big money institutional brokers who were back slapping and bragging to my face about getting this at 24...and 17... when i was saying the btk was fixing on taking serious pressure.

anyone who is a VALUE "investor" should be well served to forget about "pipelines" and "streams" and all that other ersatz lingo that is as defunct now as it was a few years ago.

go check that cege thread...

Message 15594849

i was calling for these prices well over a year ago based ONLY on technical analysis...and here we are now.

I flipped that rig for a few bucks way back when...but more importantly i was realistic enough and honest enough WITH MYSELF to admit that technical analysis is a valid tool for anticipating and securing the lowest possible risk/reward ratio for success.

any TRADER worth his or her salt is aware enough to realize that markets here and abroad are entering a ranging/trading envirnment for many YEARS to come...simple as that

If you're interested in participating here on this thread, you will probably get alot more respect if you take some time to consider some of this type of rationale.

Believe me...it's nothing personal bro, all we ask is that you back up your stuff with some base technical analysis, and try to post some readable links to charts. the folke here are a pretty good bunch..

Have a great weekend, and Good Trading,

jm
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