Forum Archive Index - November 2001

["Nick Kearney" <nickk@quicksilver.net.nz>]

Oh dear....oh dear indeed.

 

Re the comment: " I also can't help but ask why he is bothering...accumulated".

 

You sound very sceptical of Phaedrus's intentions which implies, or is akin to saying, that he must be dishonest or 'shady' in some way in the information he passes on.

 

I think you are looking for something that isn't there Brian.  He(?) is simply trying to educate some of us as to different methods of making money in the sharemarket.  One has to have an open mind in this world and if you close your mind to TA then IMHO that is foolish.

 

Cheers

NK   

---- Original Message -----

From: Phyllis Bergquist

To: sharechat@sharechat.co.nz

Sent: Thursday, November 29, 2001 8:30 PM

Subject: Re: Re: [sharechat] Technical Analysis Agenda

Oh dear -    Oh dear............

----- Original Message -----

From: Brian & Fiona Brakenridge

To: sharechat@sharechat.co.nz

Sent: Thursday, November 29, 2001 7:23 PM

Subject: Re: Re: [sharechat] Technical Analysis Agenda

Can't help but agree Nick.

 

No such thing as a free lunch and if you think you are going to make a bundle out of this deal then you are in for a nasty surprise.

 

You are simply gambling that market trends that have evolved in the past will happen again.

 

Phaedrus has contributed a lot and I have found his comments re. long term analysis combined with TA has been balanced but he lets himself down by making smart (_!_) comments regarding devoted LTBH methods. I also can't help but ask why he is bothering with all this work instead of sitting back enjoying this great wealth he has accumulated. And I'd be interested to know from any of you new TA converts how many of you are going to rush out and mortgage your houses and bet your last $. Please keep us informed as to your progress and don't be shy about telling us about your failings.

 

I can almost feel the fire some of you are breathing about now.

 

Take it easy team.

 

Brak