You are wasting your breath, there is none so blind as those who do
not wish to see.
For some reason having an aussie emial address discounts your comments
completely, why I do not know but it obviously does.
I wouldnt mind so much the negativity if it was based on personal
knowledge, however some fool the other day was waffling on about
"current acadenic thinking" and "broke university lecturers", the
same ones who are broke but teach fundamental business analysis.
At no point have I seen a poster say they spent the time learning and it
didnt work. But I look at it this way, on the other side of every trade is a
loser and I suppose if they werent there you wouldnt be able to take their
money off them. Look at the poster who said the markets were gambling, there
are millions of these poeple all over the world giving money to other people
who understand whats going on. Long live them all. Last week I warned a poster
about a share that she was championing had a 3 to 1 sell order ratio on the
asx, I recieved torrid abuse from another poster about being a tea leaf
reader, I was only reading what was clearly displayed on the screen live from
the ASX.
My understanding of fundamental investment is that falling in love with a
stock is part of the romance of investment for most people, Van Tharp in his
book "Trade your way to freedom" calls it the lotto effect, i.e you have put
your money up and now you hope that your ticket comes in.
Nice of you to drop by.
PS, Theres a great saying I love to use on my kids when they are giving me
a bit of lip about some sage ( I think so) advice I am giving them , it goes
like this, No one is a prophet in there own land. However I think we
should also add, particularly if they have an aussie email address
:-)
Regards
Morgy
>From: fntradingsolutions
>Reply-To: sharechat@sharechat.co.nz
>To: sharechat@sharechat.co.nz
>Subject: Re: [sharechat] amusement
>Date: Sun, 21 Sep 2003 13:25:58 +1000
>
>Well I knew there was animosity between Aussie and Kiwi, but
Jim! Hey. Presumption is the mother of ignorance.
>I am not an Aussie ( yet ) Though with over 20% of kiwi's livng
and on the dole here in Australia I find it difficult to understand the biting
of the hand that feeds.
> I am of Indonesian descent, and a Muslim to boot. I am not a
liar ( and object to the cowardly slur ) and I am not allowed to recieve
interest on any investment.
>I trade very vigoriously and I do make money, very good money.
However being a Muslim means that I am only allowed to earn a comfortable
living from trading not build wealth. I came into the chat to help and dispel
ignorance about TA, however unfortunatly for "Jim" he prefers the ostrich to
the eagle ( or do Kiwi's stick their heads in the sand as well )
> If " Jim " would like a challenge I will publish here and now
the date of the next high in the SPI. Share Price Index of SFE Australia.
