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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Challo Jeregy who wrote (4435)1/21/1999 6:00:00 PM
From: donald sew  Read Replies (1) | Respond to of 99985
 
Challo,

There was no intent to humiliate anyone but to bring out the downside of holding a strong opinion of the market, since nothing is for certain.

Please dont take this as an insult. My position is if one is holding a strong position they are trading in that manner. Strong opinionated emotional trading styles are normally not too successful, and few professionals if any would recommend to trade/invest on emotions.

I feel that if one is saying that the market is heading down strong they are trading/investing in that manner and that they have put up the funds. In others words they just bought a position, not a position that is already there. However I realise that some are just talking without action - shame,shame,shame to those. The best example are those who say to aggressively buy or sell and know they are being followed, but they are not doing what they are saying. Something like the analysts. ggggggggggggggggggggg

These comments are not to insult anyone, but to explain how I view things. Yes it annoys me to hear analysts say one thing and do another - the PUMP and DUMP act. To me thats dishonest, but when has the market been honest - I know.

So, please do not take me the wrong way since I was not targeting any specific person but was targeting the type of mentality. Actually, I have no idea of who made that comment. Everyone has a right to their opionion but when it borders the grey area of dishonesty, then that is a different issue.

Hope I made some sense.