I rarely address posters (particularly of opposing viewpoints)directly but I always say there is no ignorance like aggressive ignorance. I am reminded by your post of "Slip" Mahoney of the Bowery boys who had a large array of "big words", none of which he understood, and frequently used to impress only those who were more ignorant than he.
<<Anybody ever hear of the Hiesenberg(sic) uncertainty principle? Well it applies here since if you get enough people trying to place orders to beat the VWAP, well then they effect the VWAP itself.>>
Werner Heisenberg was a German physicist who lived between 1901-1976. He developed new theories in quantum mechanics about the behavior of electrons which agreed with the results of previous experiments.
Heisenberg is most famous for his "uncertainty principle", which explains the impossibility of knowing exactly where something is and how fast it is moving. However, this principle is only significant for tiny particles such as electrons.
The reason has to do with the frequency of the radiation you would have to use to make the measurement. I took advanced physics courses as electives for fun, though it had nothing to do with my major. For your next sophist analogy please mention the Lorenz contraction of time or Einstein's Special Theory Of Relativity.
However you are right, even in your error, in that it is impossible for anyone to know exactly where this stock is and how fast it is moving.
Where you are wrong is in underestimating the intelligence and evaluation that the real money on the long side has also invested here. You are arguing past fundamentals when you should be looking at future market dynamics. That is like losing your car keys in the front yard, but looking for them in the back yard, "because the light is better there".
Best of luck in your investing. Ego is a heavy burden in the market.
Zebra
PS: MST_2000 welcome to the SI board, you gave an excellent analysis on the Yahoo board last week, perhaps you would copy it here? |
