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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?


To: David R. Evans who wrote (8176)3/28/1998 10:17:00 AM
From: David R. Evans  Read Replies (4) | Respond to of 12039
 
Hello All,

Question: Why would you be concerned with Funnymentals if you are trading short term???

Answer: Because you THINK you are suppose to be.

If you are trading for the first bounce you should be looking at Volume & Price ONLY!!! PE Ratio and Price to Book has no barring whatsoever in this scenario. You are ONLY concerned with the next jump in price.

And the answer is NO to the next question also... What question is that? The one you were just thinking about. The one that thinks "BETTER" stocks will BOUNCE BETTER then bad ones... That is nothing but CNBC Brain Washing!!!! All stocks bounce. The faster your trigger the further you are getting from Funnymentals. You are moving closer and closer to DoNotKnowTheStockLand......

Dave Evans