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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: donald sew who wrote (9059)6/13/2001 2:32:39 PM
From: faro  Read Replies (1) | Respond to of 52237
 
Bonjour Don, All these formations (Diamond, H&S, candlestick, etc) do they really have any impact on the market at all or they are just some kind of "self fulfilling prophecies?

I just would like your opinion on this.

So many people follow cycles and formation that, may be, they just have the impact that traders give to them.

And my second question: For example, the formation of a diamond on the COMPX would normally build the same formation on many stocks which follow the indice like a shadow, would it?

The old question of: Which is first, the chicken or the egg?

Faro



To: donald sew who wrote (9059)6/13/2001 3:28:11 PM
From: Stephen  Respond to of 52237
 
Don, I agree ... I am not really interested in playing too much on the long side at the moment .... I will wait for the next down move to resolve itself ....

Regards

Stephen