Forum Archive Index - October 2003

["Maria Smith" <smith@ps.gen.nz>]

Agreed

However it is the actions of the TA traders who cause these emotions in the
FA investors

Greg



-----Original Message-----
From: fntradingsolutions <fntrade@bigpond.net.au>
To: sharechat@sharechat.co.nz <sharechat@sharechat.co.nz>
Date: Monday, October 13, 2003 10:38 PM
Subject: Re: [sharechat] TA Rules Reply


Greg
May I ask What is Support and Resistance?

Is it not a group of TA Buying at a level that they have bought before and
selling at a level they have sold at before.
So are they not moving the Market.
Ther Market is a Human entity.
IT has greed,fear,love hate, sorrow and joy These emotions are what move the
market and it is these emotions that TA Chartists measure.


----- Original Message -----
From: <tennyson@caverock.net.nz>
To: <sharechat@sharechat.co.nz>
Sent: Monday, October 13, 2003 4:47 PM
Subject: Re: [sharechat] TA Rules


>
> >
> >Good Snoopy well done only your main problem is that you do not
> have
> >ONE CLUE as to how TA Chartists operate. I could not care what AMP
> was
> >the Chart was all I looked at. It could sell bananas for all I care.
> >The Chart gave sell signals. The same with Chrysler Buy signals were
> >the go, and this was long before the Merger.
> >
> >You see my point Snoopy TA does not interest itself whether crooks
> run
> >a business or nor, just the Charts that is all I look at. The Time to
> >Price balance and the Cycles. I don't even know half the time what
> >sort of companies they are.
> >
> >Your argument is poor Snoopy <snip>
> >
>
> Woody, you made a suggestion that F/A would have lead to you buying
> AMP before the share price plunged, not buying Chrysler before the
> share price rocketed, and buying into Enron.   I have pointed out to you
> that certainly with a value investors F/A hat on that 'value F/A'  would
not
> have lead you to buy AMP nor Enron.    Given the nature of F/A you will
> also know that it cannot predict takeover offers out of left field.    The
> idea that F/A failed to predict a merger between Daimler Benz and
> Chrysler should come as no surprise to those who know how company
> specific F/A works.
>
> Of course being a 'pure T/A' guy, you don't care how F/A works.  But this
> is your own chosen path.    If you seriously want to debate the merits of
> T/A vs F/A, you have to make the effort to understand how F/A people
> think, even if you don't agree with it.    If you willfully ignore all
aspects
> of F/A culture then having an F/A vs T/A debate with you is pointless.
>
> If you make a statement on F/A you cannot expect an answer back in
> the language of T/A.   The idea that T/A may *also* have saved you from
> those situations has nothing to do with the point I was making.
>
> Now let me throw a T/A question at you, which I hope you can accept
> such a thing from someone who quote :
>
> "would not even buy an icecream on your Knowledge of TA ."
>
> as you put it.    Let's see if you can come up with something positive
this
> time.
>
> If you are trading trends you are saved by your stop loss if the trend
> goes against you.    But if you trade too often around small rises that in
> itself can have a negative affect on your returns.
>
> How do you get the balance right so that your stop losses are not so
> aggressive that they strip the best profits from your trading?
>
> SNOOPY
>
>
>
>
>
>
>
> --
> Message sent by Snoopy
> on Pegasus Mail version 4.02
> ----------------------------------
> "Dogs have big tongues, so you can bet they don't
> bite them by accident"
>
>
> --------------------------------------------------------------------------
--
> To remove yourself from this list, please use the form at
> http://www.sharechat.co.nz/chat/forum/
>



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