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


To: TechTrader42 who wrote (31354)3/4/2002 11:09:01 AM
From: Chris  Read Replies (1) | Respond to of 52237
 
you are absolutely correct.. everyone should be skeptical reading things on the internet and even following analyst's recs...

so, i agree with you.. everyone do own DD!

----
the ones i did mention in that post were after i "threw" away the poor candidates. but regardless, i would always do own DD on any scans/watchlist i see on the internet.



To: TechTrader42 who wrote (31354)3/4/2002 11:10:53 AM
From: Triffin  Read Replies (1) | Respond to of 52237
 
I think most people endeavoring to predict the future direction of the market, or individual stocks, are kidding themselves. They go through years and years of this until they finally have the sense to give up. A few -- a small few, a tiny percentage -- develop a workable system, and work with it fully aware of its limitations. People with successful systems usually quit endeavoring to predict the direction of the market, too. That, at least, is my view. And I could be wrong.

How true, the truly smart ones; however, package their
systems and flog them via late night cable TV infomercials
and a 'free' seminar coming to your local area soon ..

The folks at 20/20 Hindsight are the only ones
consistently profitable in the 'post-discovery' period
that I'm aware of .. and we all know what happened to
them .. <gg>

Jim in Ct ..



To: TechTrader42 who wrote (31354)3/4/2002 11:18:02 AM
From: Terry Whitman  Read Replies (3) | Respond to of 52237
 
I think most of those views are probably correct.

However: If you have no inkling of where the market is going and no desire to develop one- How the heck do you trade THAT?? To have any chance at making $, You MUST take a side- and you have to make trades too.

Unless your intent is simply to observe the market and all the futility involved, and poke fun at those trying to figure it all out. Which one might suspect is the case from that last post.

I have a view on where the market is headed at ALL times. Anyone with big $ in the market should have one too. It's not always right, but more right than wrong. That is all we can hope for really- to beat the average. You'll never do it by continually sitting on the fence and heckling, but it's a free country..

Regards,
TW