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I have never indicated that I believe technicians have a harder job of
it. In fact, once a formula is in use, and the computer program is running
it, it's a snap. I simply believe that as participants by category,
change....... past events can not be relied on to be repeated. But then,
many disagree with me and I have respect for everyone's opinions, beliefs
and if they make money using such things, more power to them.
Bob
At 08:47 PM 12/6/2000 -0500, you wrote:
>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
> >
> >
> >
> >
>
>
>
>To unsubscribe from this group, send an email to:
>realtraders-unsubscribe@xxxxxxxxxxx
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