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Pastimes : NEW Market Ideas - Weird Opinion Trades -- Ignore unavailable to you. Want to Upgrade?

To: pooh who wrote (912)	6/12/2001 6:51:28 AM
From: Don Pueblo	Read Replies (2) \| Respond to of 1016

Trendline drawing is an 'art' instead of a science LOL! No, he probably won't clarify it. Even if he did, it would probably not make sense to you. Just because it makes sense to him doesn't mean it makes sense to you and me. I don't know Gary Smith, but answering a question about how you drew a trend line with an answer like that is just goofy. I just LOVE the "nobody knows" people. I LOVE them. I take their money. If you have not already, check these two books out. amazon.com amazon.com

To: pooh who wrote (912)	6/12/2001 10:25:43 AM
From: Graystone	Respond to of 1016

Mutual or Hedge I think some elaboration would be in order. TLC gave you the short form of the answer. A Mutual Fund is a recognized vehicle under the Investment Act, a Hedge Fund is a private pool of capital that belongs to accredited investors. When you post to yourself on SI you are avoiding "personal contact" with those people who may choose to listen to your investment advice. In essence you become a commodity trading advisor. Investment law does generally not apply to Hedge Funds, they are a private pool and legal battles have been fought to ensure that people who act like Hedge Fund Managers by "directing" a third party pool of capital are free to continue to do so without ever reporting there actual performance. No person in their right mind would buy a Mutual Fund without looking at performance numbers, and they are required by law. A Hedge Fund reports their numbers under a different scheme of rules and they wouldn't get a lot of business if they didn't. What is happening on SI today is that it is becoming a haven for commodity trading advisors. They are clearly distinguishable from regular folk and they have a narrow line to walk. They must avoid personal contact with their non-clients, they are subject to no trading laws, and they do not have to report any results. In fact, reporting results could be viewed as an inducement for those listening to trade the same stocks. The worst thing is of course, the lack of knowledge. Stockbrokers and investment advisors are usually well educated about some or all aspects of the markets they work in. A person operating as a commodity trading advisor is free to give out all sorts of bullshit advice.

To: pooh who wrote (912)	6/12/2001 10:43:46 AM
From: Graystone	Respond to of 1016

Art: What is it ? or Artsy Investing You have opened up a whole new field of investment information. Many people are not aware that investing is Art. I like the light cream and taupe stocks for general day to day use. I have always tried to avoid using a lot of red, even though it is a primal colour, I hope the logic of that doesn't escape you. The best paintings are done on black and green. I just try and draw trendlines that reflect what I think, isn't that what art is all about. I had the choice between athletics and stochastics, I chose stochastics. I have been known to burn out a few candlesticks in my search for high stochastic achievements.