Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Death Sphincter who wrote (16819)	4/18/1998 1:30:00 PM
From: ratan lal	Read Replies (1) of 94695

carl then, of course, when you go to retire the market will be in a ten year vicious bear cycle and Peter Lynch might say "just hold for the long run" maybe you can out live the bear and be 87 and on life support. Thats so right. I find that TA is 'more' reliable for very short term trading like 1 min to 1 hour and reliability decreases exponentially with time. And as it is I dont even buy green bananas anymore. Not sure if I will live to eat them. I do my trading the same way unless I get stupid and believe that the charts show something will happen 3 days later. It might but it may happen 5 days later instead and meanwhile they take you to dizzying heights (or depths) and scare you out 'just' before your TA comes true. So very short term it is for me from now on. Of course I have said this many times before. From time to time greed overcomes your common sense and then you work the next 6 months recovering from your greed driven losses. Sorry - just babbling on for my sanity. ratan

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