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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?


To: Proud_Infidel who wrote (10217)6/7/2004 9:48:46 AM
From: Return to Sender  Read Replies (2) | Respond to of 25522
 
Brian, what if institutions are making their buys and sells based on indicator analysis as well as on fundamental analysis? Would it not be important to recognize important tops and bottoms based on indicator analysis as well as by fundamental analysis?

Is it not important to recognize trend changes based on institutional trading? Would it not be useful to recognize these trend changes as soon as possible so we can profit from those trend changes?

We are currently trading very near the main trend line (top) of the recent downtrend. It will take strong institutional buying to start a new uptrend instead of seeing the SOX turn back downward.

I think it is important to understand that while we cannot predict every turn of the market before the fact we can always recognize when the market is extremely overbought and overly optimistic as well as when it is extremely oversold and overly pessimistic.

We can never know too much. We should never stop learning.

I've said enough. I wish you great profits asap.

RtS