Replies to post #120615 on Simple's Green Room

[stkjunky]

Pennies, fundamentals trump technicals. The F's drive the T's. At one time for several years, I strictly traded the T's in the stockmarket, but then discovered that over the LONG haul that holding/buying the F's made me a LOT more money.

Example of fundamentals. I bought BMET (now private) for 6 1/2 years in an IRA. All that I could buy each week. Company fundamentals where great. Made 400% on my money based on earnings, quality managment ect. The fundamentals made me a lot of money, not the T's.

Yes, T's have their place. Best example based on my experience (25+ years) WAS 2008, when the U.S. stock market was tanking big time. Most all independent investors in stocks lost as much as 80% of their investments at one point or another. Myself included. No one could believe what was happening. Many bailed at the wrong time. I bailed before the bottom with BIG losses, then turned to the T's for help. I found it by applying the T's to the DJIA and the s&p, coupled with my thinking that the Dow would not fall below 6000 (as it turned out, about a fib 78% drop). When it approached 6000, I came back in and started buying 100 shares of as many quality companys as I could find. Had 22 diferent company's at one point. Traded a few & held a few.

Bottom line result was that from september of 2008 thru december, My 80% loss was turned into a 10% gain year over year. Not many can lay claim to that performance in that year.

I have learned that BOTH F'S & T's are critical to success in the markets... If you combine both, and try to keep your longer term perspective focused on F's for trend, then the T's line the ducks in a nice straight row.

My forex track record for the last year is 55 trades, 2 losing trades. One looser for 3 pips and 1 for 18 pips.

Maybe I have it worked out to fit MY style of trading. Yes, had to ride some loosers for a while occassionaly, but ultimately turned the negatives into positives by paying attention to EVERYTHING that I can find.

Yea, I know, to much info. I'll get out from behind the podium now.

[Qui-Gon Kagi]

pennies......is the TDI showing a good bullish reversal setup pattern on A/U on the 15 minute chart beginning to form here now? Price is at the ADR low at this price point.