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yos

02/15/06 10:56 AM

#17 RE: midastouch017 #15

i read it in hebrew and all i can say is that one who attack a issue he do not undestand it on his disability attack (i think this expression sounds better in hebrew).

timhyma

02/15/06 5:46 PM

#19 RE: midastouch017 #15

Interesting angle to the never ending debate about Fundamentals v.s. the Technicals. Ovisously, the autyhor does not understand technical analysis, and therefore throws it into the parlor trick category.

I think they (FA and TA) go hand in hand. I tend to look for fundamentally solid companies (in my mind) to start with, then use a chart to determine how past performance was gaged by the masses (fear and greed). This helps to determine the risk/reward ratio for me, by figuring out entry and exit prices.

Indicators, typically for me, are bollinger bands, stochastic, moneyflow, and the williams indicator. When the bands are tight, and the stochastic with moneyflow shows an oversold condition (fear), watch for a turn from the bottom on the williams (early indicator for a turn around- start of the greed). Once you see the williams turn, and the stochastic cross over from a bottom/oversold condition- monetflow will follow, and the pps will rise (most times).

Thanks for letting me post.