----- Original Message -----
Sent: Sunday, October 12, 2003 2:01
PM
Subject: Re: [sharechat] TA/FA
Debate!
Woody,
You wrote:
"I have put up many arguments as to why I 'Know' TA is better than FA,
yet many times I receive abuse in return not constructive debate".
Not a good idea to paint oneself as a victim, I
think.
Obviously missunderstood I am not painting myself as a
victim, I am mearly stating What has been said!!!!!
I remember when Phaedrus posted first with Sharechat and yes
we had a few hotheads then.
But then to compare the two systems as you suggest, it can't
be done. But you find in big letters in one of my posts here long ago
that:
FA and TA are mutually inclusive.
YOU CAN PUT THIS IN BIGGER LETTERS IF YOU WISH, BUT THEY ARE NOT MUTUALLY INCLUSIVE, I NEVER AND REPEAT THIS
AGAIN, AGAIN I NEVER HAVE OR EVER WILL USE FUNDAMENTALS.
I also have been in the market a long time, that is why I am
a professional Trader with my own trading company.
I also know many professional traders here in OZ ,NZ
USA,EUROPE and CANADA.
I have met many TA traders that are successful and many FA
traders that are successful but I have not yet met ONE successful trader that
mixes the two!!! AM I missing something here?
I have been in the market for quite some time and happen to
know some of the finest traders in OZ and other places.
Often but not always, they go quickly over the
financials of a company before making a move.
There are some fine traders on Hotcopper where my base is
and they regularly supply charts and readings.
Gerry