Forum Archive Index - June 2003

[Robin Benson <rob@hammerheadmedia.co.uk>]

My perception is that there is little disagreement but that you appear 
to be jousting over the definition of "trend followers", where in 
reality the overlap is very limited and theoretical.

Snoopy:  "trend followers" ... coffee table "me too" traders, who 
undertake little or no FA or TA (thankfully, these people exist)
Phaedrus: "trend followers" ... TA people who diligently work with data 
to generate useful trading indicators

Yes, the "me too" traders are strictly "trend followers", but not 
wholly in the Phaedrus sense.

... steps out of the fray ...

Robin

On Tuesday, Jun 24, 2003, at 08:06 Europe/London, Phaedrus wrote:

> Snoopy,
>        I have some experience of trading without computers. Do you 
> know what we did? We constucted our price charts manually, using graph 
> paper. We drew trendlines with a pencil and ruler. For simple, 
> unsophisticated techniques such as this, very little has changed.
>  You are drawing a very long bow indeed classing your putative "coffee 
> table traders" as users of TA. I could utilise equally ill informed 
> punters as examples of the folly of using FA. (They bought because 
> they read in the paper that XYZ was cheap because it had a low P/E). A 
> very sloppy argument Snoopy - not up to your usual standard at all!
>        Regards,
>                 Phaedrus.


----------------------------------------------------------------------------
To remove yourself from this list, please use the form at
http://www.sharechat.co.nz/chat/forum/