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Re: [RT] Dow



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Bob,
In your opinion,what would you consider key differences between a technician
and a fundamentalist ( like yourself ) if both let the market tape call the
shots on a day to day basis, and, as you well put it, keeping the account
healthy.
It would seem to me that the technician would have an easier job since on a
short term basis p/e, book value,sales, balance sheet, current ratio
etc.would not need to be factored into the trade .
Dom



----- Original Message -----
From: "Bob" <bobskc@xxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxx>
Sent: Wednesday, December 06, 2000 1:21 PM
Subject: Re: [RT] Dow


> An elitist?  I hope not and I certainly hope that you detect a man who
> doesn't send insulting comments about someone he knows nothing about.
>
> As to the content of my mail, I was trying to state that as long as
> liquidity and beta are the principal drivers of the nas while value and
> common sense take a back seat, all gains should be viewed as temporary and
> unsustainable.  As to "burning flesh", I don't care which way this market
> goes as long as it goes .. I let the market tell me what to do on a day to
> day basis and I don't fight the tape.  My account is healthy .. I hope
> yours is as well.
>
> Bob
>
> At 03:35 AM 12/6/2000 -0500, you wrote:
> >Bob,
> >      I've been a student/investor for many years.  Sounds to me like
you've
> >become "insulted" that the mob out there doesn't have your intelligence
and
> >prescience.
> >
> >      Do I detect the burning flesh of an elitist?
> >
> >
> >To unsubscribe from this group, send an email to:
> >realtraders-unsubscribe@xxxxxxxxxxx
>
>
>
> To unsubscribe from this group, send an email to:
> realtraders-unsubscribe@xxxxxxxxxxx
>
>
>
>


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