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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: ratan lal who wrote (19167)6/7/2001 12:58:05 PM
From: Dr. Stoxx  Read Replies (1) | Respond to of 39683
 
And now a reading from the Gospel According to Farley, chapter one, section two, beginning at the fifth paragraph...

"In contrast to the cold discipline of fundamental analysis, the pattern analyst's world reeks with lust and intrigue. The markets are about money. No other controlled substance brings out the best and worst of humanity with quite so much intensity. The markets become our lovers, our bosses, and the bullies who beat us up when we were young. As assets shrink or swell, emotions flood in and cloud reason, planning, and self-discipline. Chronic fight-flight impulses emerge to trigger unconscious (and often inappropriate) buying and selling behavior."

Here ends the first reading...

Brilliant stuff, Alan! I'm really enjoying this book!

TC



To: ratan lal who wrote (19167)6/7/2001 1:04:02 PM
From: DrGrabow  Read Replies (2) | Respond to of 39683
 
As the village idiot would say, "That's a misunderstatement."