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To: Michael Watkins who wrote (4442)11/13/2000 2:37:58 AM
From: SirRealist  Respond to of 8925
 
Agreed, Michael. I was referring to mindsets, and don't believe the majority are technical traders. (I'm a bit green around the gills at pure TA, but ever learning.)

As for valuations, it does help me set up watchlists for potentially overbought/oversold stocks.... I also watchlist when I am aware of something whose chart suggests it's near a peak or valley, which is more technical.

Kevin



To: Michael Watkins who wrote (4442)11/13/2000 8:27:20 AM
From: Jill  Read Replies (1) | Respond to of 8925
 
I think that the majority of non-professional players in the market are hard-wired in their brains to fail.

That might be skipping a step and thus harsh. What you might say is that hope/greed and fear influence their decisions too much, and that the market is in many ways counterintuitive.

Also these days the lines blur between professional and nonprofessional. Not sure how you would even define that. I bop all over SI and I see many different trading/investing approaches.