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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: American Spirit who wrote (76413)	5/3/2001 8:02:15 AM
From: t2	Read Replies (1) \| Respond to of 99985

All these charts and graphs don't mean much to me except where a stock's been in the past. I'm looking at right now and tomorrow. That is what people here is think is real analysis. Anything else will just get dismissed as just hopeful bullish feelings. If trading by looking at charts was that accurate, then everyone should be following it. There can no excuses for being wrong either. To me the same applies to those that believe in fundamental analysis as well. IMHO, the reality is that you need to be able to see more than the technical and fundamental analysis....as that is already being priced into the stock! To get an edge in trading, you to be able to identify the point at which there is a subtle or even sudden turn in investor sentiment; economic numbers and a whole bunch of other things that one can't get from FA or TA. IMHO, that is the only thing that will give a trader an edge over others.