Hi Macdunk,
I research historical stock price charts (which are
graphs) as only one part of the overall analysis I
apply.
I don't consider the research I do
on historical price charts to be TA.
My understanding of TA (which for obvious
reasons is quite basic) is that it is based on statistical
analysis of many numerical factors associated with industries and
stocks to enable buy in/sell out forecasts.
Someone may wish to clarify.
Regards,
Cris
----- Original Message -----
Sent: Tuesday, October 07, 2003 1:42
AM
Subject: [sharechat] reply ta /fa. by
macdunk
Hi Christine
Tend to agree with you I don't think there can be anyone silly enough to
be either a pure TA or a pure FA trader.
I know one poster that
says he Is TA only, and never looks at
fundamentals. I suspect he has a sneak
look to make sure they don't go under when his money rides on
It. I cant see an FA trader that refuses
to use charts to see where a share has been either, that would be
equally as silly. I am an FA trader with
an ever Increasing TA Input, If I cross the line and become a TA trader
I will need to devote my time to trading full time or nothing at
all. MORGY gave a very Interesting reply and actually posted
his Sept trades. I feel sure FA traders would
find very helpful In understanding TA..
I posted my system, Morgy and
Woody were good enough to share there Ideas, and we all know what Snoopy
thinks.
The more people big enough to come forward and risk ending
up with egg on there face giving out view points the better the
education for all of us. The posters mentioned above have all had
an Influence on my trading one way or another but we require more
Ideas to adopt or reject.
cheers macdunk
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