Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Slagle who wrote (62193)	4/18/2005 7:20:38 AM
From: shades	Read Replies (3) of 74559

I live north of tampa, I have been to the beaches in sarasota area many times but don't know the local business culture all that well - thanks for the info. There are a lot of brokers in my area too and they all want to tell the public they are too stupid to handle thier own money. I just started listening at the AM talk radio again a few weeks ago AM1040 and AM 1470 and this phil grandy guy was on talking about maria bortoromo - and making fun of her - of course I couldn't turn it off after that - hehe. Before that I never heard of him. He is a funny guy and pretty interesting character and I like his crazy personality - but as for his trading education - I just don't know enough slagle - I have mostly been a buffet type long term value macro trend investor and phil is telling me I am a total idiot for doing that and he makes some good points. I see his instant analyst software and eadirect software and then hear ads about a WIZETRADE company red light green light software and I just am not educated enough on all that. It seems to me that if everyone uses those same algorithms - candlesticks - stochastics - etc etc and put in buy and sell orders and stops where the software instructs them - then it looses its usefulness the more people that play that way - kinda like HWY US19 at 5pm rush hour traffic - everyone using it at the same time makes the road worthless for getting anywhere - just a big traffic jam. Plus evil people in wallstreet can anticipate where this software and TA stuff marks support levels - so you have a stock like DROOY that somehow got dropped to .30 cents - and I bet they knew that would cause a lot of stops to execute because of software like phil's instant analyst or wizetrade and then they would buy all that .30 drooy and then people would post here on SI - wow - did you see drooy drop to .30 - wish I had a buy order in - but I bet the evil crooks on wallstreet loaded up - maybe I am wrong however. I will have to research him and his TA stuff some more to see if it has any use for my kind of macro trend passive investing and get me to change. Is there a thread here on SI that follows him or TA investing for the newbie?

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