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Strategies & Market Trends : Ride the Tiger with CD

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To: Cheeky Kid who wrote (107593)	3/8/2008 6:16:58 PM
From: rubbersoul	Read Replies (2) of 312313

<T/A is a scam, if it worked everyone would be rich. Where was the warnings about the major corrections?> Actually, I'm a subscriber of Richard Russel and he used his technical analysis and market wisdom to warn his subscribers to be cautious before the August meltdown and before the recent November correction which were both major drops.<FWIW> <If my gut says the stock is over valued I dump it.> Intuition is underrated but an intuitive trader would probably fair much better geared with TA, IMO. <Lots of the stocks you buy and sell are based on good timing and luck. T/A in my opinion has little to do with it.> Luck has something to do with it but this ain't a lottery. Even a casino isn't a lottery for a good poker player. I'm not sure if you follow some of the excellent TA men on SI such as SwampDogg, valutrader, and some others, but after a while you may start to realize that TA is relevant and effective (if applied correctly). Why are people so freaked out by Swamps "100 bagger" comment, lol! It may happen, it may not. His contributions to these threads are so much more than "100 bagger" hype.

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