To: chenys who wrote (24538 ) 11/15/1998 6:01:00 PM From: matt fahy Read Replies (2) | Respond to of 45548
q, <<Wayne: I have told you, there is an invisible army following you now, you better be careful of what you say. When you said, coms down, coms had no energy to even touch 36!<< Please do not discourage Wayne from posting, since I think you are discouraging the whole purpose behind this forum. Wayne gives his opinions and technical analysis. Several of us on this board are trying to learn how technicians think and work with charting, etc. I use Waynes and everyone else's postings on this board to make MY OWN DECISION, and if it similar to Waynes great, if not great as well. Someone posted on a thread a while ago an interesting analysis of technical analysis. That person explained that alot of people think technical analysis is all about reading charts, but went on to say that what the charts really represent are investors sentiments. So, if Wayne posts his opinion on the charting formations, it helps everyone understand a little better on how technical sentiments are looking at a stock or index, maybe he is right and maybe he is wrong sometimes. But it is sharing analysis that is important to me in using this board. I look at 6, 3, 2 and 1 month charts and 5 and 1 day charts on big charts and develop my analysis, it is helpful if someone else posts their analysis and I can see where we differ and go back and see if I could be missing something. Hey, if someone trades directly from someone else's posts on this site or any internet site, I can pretty confidently say they won't be around for very long and it is their OWN DAMN fault, don't put the peg on the poster! BTW, I have used your posts as well, so be careful :-) Matt