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Pastimes : WR and Friends Investment Strategies -- Ignore unavailable to you. Want to Upgrade?


To: Venditâ„¢ who wrote (10)9/17/1999 10:12:00 PM
From: Wayne Rumball  Read Replies (2) | Respond to of 77
 
Hey Vendit, buddie

Probably no one knows that we somehow managed to be close I-nut contacts yet our investment strategies are so different that we might as well be on separate worlds.

When we met on MLRE we actually tried to merge investment styles, but yours is as foreign to me as mine is to you. But we both make $.

Technical Analysis (known as TA from here on out, just because I didn't want to write TA and get 10 PM's asking what it is), is best placed in the hands of experts.

At one point last year I thought I understood. I know all about stochs, MACD, RSI, OBV, but I can't look at it and get any kind of feeling.

On the other hand, I can look at news, look at a chart, look at a trading log, previous day's trading logs, and feel that the damn thing will probably go up.