Forum Archive Index - September 2003

["Morgy 40" <morgy40@hotmail.com>]

Dave


Firstly,  let us deal with the pseudonym issue, as you have bought that up 
several times and it seems to be a pet hate of yours.  I used to use my real 
name in posting using an old email address, from that moment on the spam 
never stopped, later came the email viruses.
That was over 2 years ago, earlier this year I watched a programme that said 
internet identity theft was the fastest growing crime in the world. I 
decided to use a pseudonym to reduce the opportunity of this happening and 
just put up with the spam and keep my viruse software updated. No other 
person has objected to this other than yourself and I have not found it 
necessary to explain myself. If you are so worried about it let me suggest 
you go into the sharechat archives and you will probably find a post that 
reveals the magical details that you so desire.

I must say I am highly suspicious of your necessity to know,  particularly 
as you have not mentioned it to anyone else, well of course they possibly 
didnt disagree with you.

Moving on, At last we agree on something, a strategy for extracting gain 
from the market.
I totally agree, use FA for long term candidate selection  and TA for 
"maximum utilisation of capital" in the short term.


Regards

Morgy







>From: "Dave Missen" <d.tackle@xtra.co.nz>
>Reply-To: sharechat@sharechat.co.nz
>To: <sharechat@sharechat.co.nz>
>Subject: Re: [sharechat] Amusement (or lack thereof)
>Date: Tue, 23 Sep 2003 11:03:48 +1200
>
>Morgy 40
>
>It must be wonderful being so superior and prescient that you are able to 
>"deduce" that negativity arises from a lack of personal knowledge.
>
>I am unsure if your ability to take statements out of context and rearrange 
>them to suit your own purpose (whatever that may be) arises from ignorance, 
>arrogance, or a combination of both.
>
>For the record, I have utilised both TA and FA and have found TA suitable 
>for short term decision making but unreliable, at best, in the longer term. 
>  Conversely, FA has proved fine for the longer term but not good where 
>short term trading is being considered.  I would not wholly rely on either 
>to make investment decisions - if it was that easy we could all be 
>millionaires.
>
>One thing you might have noticed is that I don't hide under a pseudonym, I 
>am prepared to accept ownership of my opinions and don't generally call 
>people "fools" for the opinions they hold - I could be persuaded to change 
>my stance in your case.
>
>Dave
>   ----- Original Message -----
>   From: Morgy 40
>   To: sharechat@sharechat.co.nz
>   Sent: Sunday, September 21, 2003 11:40 PM
>   Subject: [sharechat] Amusement
>
>
>
>
>
>
>   Woody
>
>   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.
>
>
>------------------------------------------------------------------------------
>   Find your perfect match @ XtraMSN Personals! 
>---------------------------------------------------------------------------- 
>To remove yourself from this list, please use the form at 
>http://www.sharechat.co.nz/chat/forum/

_________________________________________________________________
Add MSN 8 Internet Software to your existing Internet access and enjoy 
patented spam protection and more.  Sign up now!   
http://join.msn.com/?page=dept/byoa


----------------------------------------------------------------------------
To remove yourself from this list, please use the form at
http://www.sharechat.co.nz/chat/forum/