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


To: HairBall who wrote (10011)4/6/1999 4:33:00 PM
From: Robert Graham  Respond to of 99985
 
Thank you for your comments, LG!

When I mentioned that initially the market is allot more driven by the fundamentals, I meant this as the fundamentals have a shorter term impact on the price of the stock. But I still would trade this market based on technicals for the timing of my entry and exits. I want to emphasize here the difference between taking a "reading" of the market to gauge its possible short term direction and what a trader uses to manage his trades. Just because a market is more driven by the fundamentals at its start does not mean I will trade based off of fundamentals. However, being aware of the fundamentals can be helpful in the filtering process depending on the time frame you trade in.

I see you use different criterion for those "Internut" sentiment driven stocks that are traded by a gambling mentality. I think we are in agreement here. It does take a different type of approach to trade this type of stock that is difficult to be addressed by a strictly technical approach. But I will acknowledge that the technicals still should be an important part of the method. Still, we are talking about tools for the trading of the stock and not the indicators that can be used to gauge the health of the current trend and likely near term direction.

Sorry about the long previous posts. One word leads to the next you know. ;)

Bob Graham



To: HairBall who wrote (10011)4/6/1999 5:16:00 PM
From: HairBall  Read Replies (3) | Respond to of 99985
 
To all: I found the following post in the Guest Book on the MDA Web Site. I thought you would find the following comments funny. Does anyone know who this guy is or is he just a legend in his own mind...<g>

S. Nison Tue Apr 06 13:36:25 1999
What load of crap is that by L3akaL3? You call counting black & white bars "Candlestick Analysis"? What a a tow bit quack!!! Get my book & read the entire thing before you try to pass ass an anal ist. global-investor.com m
From: New Jersey E-mail: Nison@xxxxxxxxx.com


To all that feel this JackAss deserves a piece of the threads mind, please feel free to send him an Email. You can find the Email address in the Guest Book at the MDA Web Site.

homestead.com

Below is my Email to him....

S. Nison: Well sir, we could not get any volunteers to host the page. So, L3 volunteered to help out and I think he is doing just fine.

And you sir, if you indeed have a book, I hope you ran it through a spell checker. Your post reveals you need a ghostwriter at the very least.

And, if your book is so good, surely you can afford to purchase a membership to SI and show up on the MDA Thread where you comments can be rebutted.

Your vile comments only reveal sir that you are most likely akin to the southbound end of a northbound JACKASS, than an author of any worth reading book...

Regards,
LG