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Strategies & Market Trends : Analysis Class for Beginners -- Ignore unavailable to you. Want to Upgrade?

To: Arthur Tang who wrote (1361)	5/9/2001 10:56:00 AM
From: TechTrader42	Read Replies (1) \| Respond to of 1471

What are the good companies with good management that you're investing in as the market continues to decline? MWBX and GE? What TA indicators or systems led you to buy them when you did? How are you "scalping the market makers" with "5-year charts" and without intraday charts? Give us an example of a trade in which you "scalped the market makers." Scalping is not about "investing in good companies with good management," needless to say. Why are you "investing in good companies" with such high P/E's during a bear market, when there's a good possibility that prices could continue to fall? Is the only TA acceptable to you the "TA" that you use? I'm left with the impression that you dismiss everything but your own observation. Is that an unfair assessment? Do you define TA as some sort of solipsistic exercise in making idiosyncratic observations about the market, and about market makers and specialists? Do you really think these observations amount to technical analysis? In what way have you tested them? In what way have they stood the test of time? Sometimes the observations appear to have a grain of truth in them, and seem worth reading. Other times, they seem to lapse into incoherence. After you make recommendations, do you follow them up with any comments on performance? How well has GE performed? What is your target for GE? What is your time frame? Are you buying IBM now? What target and time frame do you have with IBM? Do you think there's a chance it could fall back to the 200 SMA? The difference between Jim's okra and your MWBX is one of direction, to be sure.