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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: James W. Riley who wrote (103000)6/16/2008 9:15:50 PM
From: chowder  Read Replies (1) | Respond to of 206092
 
>>> Right now I'm heavy in cash and missed a good run as I attempted to guess a correction. I would be better off if I just read this board and ignored all the other chatter and noise. <<<

That's why the technicals are so important! I'm not talking about Stochastics and MACD, I'm talking about volume analysis, price momentum, and supply vs. demand.

I'm not saying the fundamentals don't count. I'm saying that the companies with good fundamentals do much better when we understand how to enhance the trade via the technicals. Specifically, buying vs selling patterns, as opposed to guessing.