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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: rchlrvn who wrote (4829)2/10/2005 5:57:57 PM
From: Venditâ„¢  Respond to of 8752
 
rchlrvn

Re: Which reminds me of Louis Rukeyser (sp?) saying a few years ago that the real key to the market was not fundamental analysis or technical analysis but psychoanalysis.....
there's a lot of truth to that, for a trader as well as the market as a whole...


The following is an excerpt from my bio that resides on my website, themarketwind.com:

Among the most valuable lessons learned, says Reid, is "the importance of analyzing the behavior of market and market participants in the context of price and time." In other words, knowing what people expect and watching how they react to events is a critical part of knowing when to make a trade and when to stay out of the market.

The above is my way of saying psychoanalysis.

Reid