Replies to post #126690 on Zeev's Turnips Patch-No Politics (ZEEV)

[Sojourner Smith]

it's all supply and demand...

A useless statement IMO.

How does one determine supply and demand.
On a trend???
Trends are meant to be broken.

Fundamentals:
Useless now as well, because stocks seem to snap back to
a center now. So now one has to anticipate news,
if that is possible.

My contention is this market will probably remain sideways,
so the best bet is to have something going on both sides
and time diversify. Everyday will bring new surprises, imo.

[limtex]

Tahnks for that but I'm not sure that I deserve it. I think that in the huge bear market there must have been something about the supply and demand equation that cuased the movement of stocks to do things that gave the impression they were behaving according to whatever passes as rules for TA.

That was the greatest bear in history and it was simply outside the range of experience of everyone who hadn't been alive and something over 20 years old in 1929.

L