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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: ted birnbaum who wrote (23734)12/1/1998 2:32:00 AM
From: Doug R  Read Replies (2) | Respond to of 79263
 
Ted,

Posts such as yours are actually typical of those from entities that hold short positions. I don't pay any attention to the type of perspective that you purport to be a bearer of. Over the last 9 months there has been significant trading profit in FAXX realized by many people that follow this thread. This thread is focused on technical analysis so any fundamental speculation such as what you possibly pretend to contribute is actually quite secondary to the technical interpretation of the supply/demand dynamic exhibited by the chart activity at any given time within any given set of technical parameters.
Sorry to be so blunt but...it's the success of the "manipulation" of mass perception of "the story" behind any stock that sucks losers in. Technical analysis removes a highly significant portion of subjectivity so that any one person's bent receives proper amelioration.

If, as one person, you claim to know more than the entire investor base (the attitude of the ENTIRE investor base is what a proper technical analysis ascertains BTW) you may need to ask yourself if you might have a delusion problem.
Stocks go up...stocks go down...I find TA useful to determine trading opportunities. EVERY stock will, at one time or another, present a buying opportunity that suits an objective. If somebody comes along and diseminates subjective "information" that appears intended to dissuade interest in any stock, that person's motives should be immediately suspect.

Doug R