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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: Don Pueblo who wrote (277)	6/8/1999 12:47:00 PM
From: Barney	Read Replies (1) \| Respond to of 18137

I have to admit that's one of the nicest ways I have seen in a long time telling someone to go pound sand. B

To: Don Pueblo who wrote (277)	6/8/1999 1:16:00 PM
From: Raymond Duray	Read Replies (2) \| Respond to of 18137

Hi TLC and Threaders: ON TOPIC: Now both of us have wasted a lot of time with this nitwit, ztect. Eric, I did try to be nice but that did not work with this blockhead. As Eric has suggested ......drumroll.......This is the DAYTRADING thread. (Got that, ztect?) So here goes. On CNBC a few minutes ago there was an interview with a representative of a new trading facility called PRIMEX. If I understand his description correctly, what Primex is is the 'next step' after ECNs. To paraphrase: When trading with ECNs, you are getting the tail end of the action, with little to no interaction with the MMs and the main market. With Primex, you will get better connectivity to the market action and the major benefit of Primex is the opportunity for price improvement. Has anyone looked into this? Is there a possibility that this system can help us make a coupla exta bucks? Can any of you educators explain what it is Primex is actually proposing to do here? Just wondering. The second item from CNBC is Bandit University: banditu.com Discussed on CNBC on Monday 06/07. The parent company is Front Runner Technology (kinda like that name). The product that seems to be of most interest is the "Frontrunner Bandit", a software program that analyzes the activity of the program traders and index arbitraguers. So we can jump the gun..... All,(except ztect), your comments welcome. Best, Ry

To: Don Pueblo who wrote (277)	6/8/1999 6:07:00 PM
From: ztect	Read Replies (1) \| Respond to of 18137

TLC....definition of terms My favorite line in the movie "Cool hand Luke" is when the warden says to Paul Newman, "What we have here is a failure to communicate.." I think, and please correct me if I'm wrong, the problem here is that we come to the similar conclusions but have different ways of getting to these conclusions. My approach is what you disparage as hallucinogenic (sp?) those were your words I borrow and did the proverbial spin unto you. yes, I apologize for over reacting to them.. But these were the words cast upon me 1st. So I again apologize for my defensive attitude. But let me state I do indeed start with an hypothesis and assumption based on trends in the market and in the world. For example, and this I probably the most morbid and illustrative example I can come up with, my mother died in 1996. After the plug was pulled, and my family got a plot in the cemetery near her childhood home in Rogers Park, I was greatly distressed. This grief, however, didn't stop me from noticing that this cemetery was part of a larger company called Service Corp. Now stocks can be defined as either systemic or non -systemic. Systemic stocks are cyclicals and non-systemics are not dependent upon an economic cycle for growth. Now what are the two things in life you can be sure of? death and taxes? Right. Now I always thought that all these cemeteries were mom and pops. Well they aren't and I said whoa there Nelly, this is the perfect non systemic company... After identifying the sector and non systemic nature...then I check what I call fundamentals and you appear to be calling technicals. In a way I think we are both right in accordance with our own definition of our words. Remember without getting into linguistic theory about signs and signifiers, the same word can mean something different to two different people. Example, the conservative politician and a nature conservative. One's a tree chopper the other a tree hugger. What I associate with Technical analysis partly is different forms of quant theory that when these were presented to me, made my eyes roll over. Now I am what I say I am. I am not a professional in any way. However my cousin who worked for Kidder Peabody and a couple other places recommended a number of books for me to read. One of these books that deals with the above subject matter is called A Random Walk Down Wall Street by Burton G. Malkiel amazon.com My cousin's role in these past firms was as a macroeconomic advisor. He is currently a Professor at a college. I could list a "name" or two of who I have traded picks with, but last time I mentioned my C.U.'s friend's husband name on line, I got a call from her and haven't spoken with her since. Thus I won't make that mistake twice. This gem too ascribes to a meet the CEO kick the tires philosophy of investment which is based on earnings potential. Price to earnings, cash flow, percent growth or basically the bottom line have always again to me constituted fundamentals..that is qualitative analysis Whereas quantitative analysis i.e.. quant or technical analysis according to definition I use is a mathematical model of a stock's fluctuations in accordance with a whole series of charts and quantifiable models and tendencies of an issue describe over time. Again I do not pretend to understand this stuff other than maybe use a chart or two to test bottoms, break outs, and support levels.... Again my "style" as one may easily construe is all over the place but largely based on research that can be done from any and every possible angle. Hope that helps to clear up some of your misconceptions about my point of view.... As this pertains to society and societal matters, that is a whole separate conversation which I may or may not desire to respond to any time soon. As for the "real" men item...just thought it was funny...that's all. plus just teasing someone. Sorry if any offense was taken.... Now have to run.... Sincerely, ztect cc. the Cyberian University Subject 28755