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PureBytes Links
Trading Reference Links
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See for example
http://biz.yahoo.com/rc/021028/tech_cisco_stocks_1.html
A downgrade just before the official announcements [Nov 6] !!!
Everybody was selling CSCO because of the downgrade.
Everybody was buying CSCO because of the same downgrade.
If the results of Nov 6 will be 1% better than expected, we will see
the usual CSCO gap ups and life goes on.
Try to be on the right side, the T/A side. With or without
oscillators.
DT
--- In amibroker@xxxx, "DIMITRIS TSOKAKIS" <TSOKAKIS@xxxx> wrote:
> Well, be happy when somebody sells, it is the condition for you to
> buy. Just try to be on the right side and let him sell. He is
> probably a real fool.
> DT
> --- In amibroker@xxxx, "dingo" <dingo@xxxx> wrote:
> > Who's the bigger fool: The guy trying to pick tops and bottoms
or
> the
> > guy trying to sell stuff to the guys trying to pick tops and
> bottoms and
> > calling them "fools"?
> >
> > dingo
> >
> > -----Original Message-----
> > From: Herman van den Bergen [mailto:psytek@x...]
> > Sent: Monday, October 28, 2002 11:01 PM
> > To: Amibroker@xxxx Com
> > Subject: [amibroker] Oscillators are a fool's game
> >
> >
> > "Oscillators such as RSI, stochastics, Williams %R, etc. are all
> > designed to help people who are trying to pick tops and bottoms.
In
> my
> > opinion, this is a fool's game." Van Tharp in "Trade your way to
> > financial freedom" (p219).
> >
> > How many fools do we have on this list?
> >
> > Herman
> > a fool :-)
> >
> > Ps. First reading done, tomorrow I'll study the good stuff:
> Expectancy
> > and PositionSizing.
> >
> >
> >
> > Yahoo! Groups Sponsor
> >
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> >
> >
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> >
> > Post AmiQuote-related messages ONLY to: amiquote@xxxx
> > (Web page: http://groups.yahoo.com/group/amiquote/messages/)
> >
> > Check group FAQ at:
> > http://groups.yahoo.com/group/amibroker/files/groupfaq.html
> >
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