Replies to post #1284 on Puda Coal Inc (PUDA)

[Traderfan]

Sorry if I offend anyone but the EW stuff is just crap IMO. I try to also integrate TA for a few short term trades but I would never ever invest based on EW.

These guys just spin everything back and forth just to tell you after the event that they always knew it. It was the 1. wave of A no sorry the 2. wave of B of a and not c....c'mon, this is utter hog wash.

And btw this Prechter guy is pretty much the biggest idiot out there. He is always bearish, at least most of the times during the last 10 years. He is 10 times wrong and once right and thinks he can predict anything. Great job in predicting a correction after such a run up in the markets. Really great.

Please stop with this EW crap here. No offense to you TATrader, I like your general TA view except the EW stuff.

[tatrader11]

Yet another closed mind. Why is it people NEED to attack things they dont understand. You make some rather odd assumptions.

"that's why I think to trade based on EW alone is rather foolish"
First I never said I trade based on EW alone, that is your statement. I do mainly use TA, that skill was developed after discovering FA does not work ALONE.

"I know many people became rich investing on fundamentals."

I know people who have become rich buying lotto tickets.

Read the bottom, read it again, then go comment on something you have knowledge of.