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Strategies & Market Trends : Point and Figure Charting

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To: genaro who wrote (8111)10/1/1998 11:03:00 AM
From: stan s.  Read Replies (2) of 34810
 
Doug, fundamentals are completely irrelevant!.......................................

Until you get stuck in one of these suckers (neglected to sell on a signal)
.....then ya gotta start diggin' to see if there's any hope for recovery
i.e. WHY did I buy this piece of crap?

Let's face it most FA comes after a purchase and subsequent el tanking
of said investment.

You can avoid a lot of angst....WITH a discipline to sell!

Okay much (some) of the above is hyperbole....but as Duke alluded to,
fundamentals or the perceptions of them change rapidly....strict
adherrance to any number of TA systems can make make sure
YOU are not the one left holding the bag.

Gotta be willing....no ...ANXIOUS to sell at the appropriate TA
signal though. Selling is your friend..........geeeez.

The purpose of this and all TA threads are to find the systems that ultimately
work the best.

One of the keys is IMO to limit the scope of your selection......reduce
the 10,000 or whatever choices to a manageable but varied database.
Select from there and dump 'em as the FA deteriorates so they aren't
an option.

Ummmm, please consider the source when reviewing the above
comments!

I could be living under a bridge in a torn tee shirt, drinking stale coffee
from a chipped cup. Uh, NOT that there's anything wrong with that.

Well OKAY....I'm not living under a bridge....yet.

Stan

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