Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Lazarus_Long who wrote (10707)	12/1/1997 10:48:00 PM
From: Simon	Read Replies (1) of 94695

And that describes TA exactly. It has as much basis as numerology or astrology.>>> You are correct to a degree; however, I saw something I have seen before and shorted 200 WLA on Nov. 24. I even got greedy and covered the short today. I mentioned it on Mohan's thread on Nov. 24th. There was no interest. I was surprised to see a 25 pt drop today, as I suppose were quite a few others. <<<The stock market is not physics. No equations or laws can describe it reliably.>>> I do not see how mathamatics can predicit movement of stocks except perhaps vol. figures to some extent. How can you write a formula that reflects what thousands of people and all the Fund managers are thinking. As they say in the Super Bowl: "Go with what done got us here". So far that means buy the dips. If you done fine so far, you should have enough to take a small loss if the situation changes.

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