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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: bobby beara who wrote (24744)3/11/1999 8:39:00 PM
From: Lucretius  Read Replies (1) of 86076
 
w/ everyone and their mother using TA these days (afterall why else would you buy stocks these days other than the fact that they are rising and have good "technicals")... I tend to think that all these rearview mirror buyers and sellers need to all get trapped and flushed at some point. If anything ever ends this madness... it'll start like that from somewhere like where we closed today.

every 5 yr old knows you buy stocks when they are hitting new highs and you always get time to exit if things start dropping.... I've always found that when everyone knows your tricks... it is much harder to fool them.
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