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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: vampire who wrote (67782)	5/15/2002 5:25:46 PM
From: Trader J	Read Replies (1) \| Respond to of 99280

No, actually I said 1650. Depends on how you define "Fundamentally". If you are using a classic definition of fundamental, no ... there is no way today's market is fundamentally or fairly valued. In fact, I would argue that old fundamental rules for valuation, or otherwise, are worthless today except in a "what was" case scneario, or as a basis for new "fundamental" laws. I am what I define as a psychological trader. Have I used TA in the past, and do I still use it on occasion ... yes, but rarely. I have always believed in the psychology of the markets, in tandem with expanding/shrinking volume, to dictate my action(s). Like I said, I have used that approach since 1991 and I have no arguments. I don't force my way, nor do I "preach" it. I believe you have to take advantage of what the market has to offer at the time, whatever that happens to be. And I am 100% objective with my holdings and my thoughts. Any information is worthwhile. It's all good. Tj