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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: zonder who wrote (26935)9/3/2003 11:27:41 AM
From: Jim Willie CB  Read Replies (2) | Respond to of 89467
 
your friend sounds like an utter moron

Head & Shoulder is a very reliable pattern
Ascending & Descending Triangles are even more reliable

I wonder whose ass this friend sucked up to in order to gain his position

John Murphy taught me on CNBC
H&S is basic stuff
you might want to ask for qualifications for your friend
to say that H&S is the oldest trick in the book is like saying that the baseball strategy of a series of inside fastballs, setting up for an outside corner slider strikeout is the oldest trick in the book
of course, it is basic strategy

perhaps your friend is saying "I didnt see it, so I will exert my diminished ego and dismiss it, minimize it"
your friend is a fool
here is a question to ask this moron
"what T/A pattern does he either recognize or respect?"
mention pause pennants, triangles, trend channels, Head & Shoulders, Cup & Handles, rounded tops, double bottoms

ask him to review the gold chart for the last 3 years, and if he can recognize the large Cup & Handle within the small Cup & Handle
if he cannot see that, tell him to go back to school

it could be that he has sold out and is part of the machinery of his brokerage firm
I dont have any more time for this odd and worthless discussion
/ jim