Forum Archive Index - June 2004
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Re: [sharechat] Phaedrus - Classic Hogwash - not really
Lazy Haggis,
If we were to examine and take on board the wisdom of each contributor on sharechat and comment
thus we open ourselves to a great deal of of
broader knowledge.
I am far from being an expert and I trundle along
taking on a bit more with every thing I read.
I develop slowly.
Phaedrus uses a method which puts an entry at a
certain point. This certain point could be
for a short term trade or a long term trade and is
a sccessful method. Same exit points.
My disciplines improve and I am exploring gently
another area which should reveal some
confirmation. A walk in the path
of Woody whom I miss here very much.
I reckon you are confident and successful and use a
different path. Congratulations.
And I am will closely watch the path of
PNA. You know a great deal about it.
Thank you very much
Phyllis.
----- Original Message -----
Sent: Tuesday, June 01, 2004 5:12 AM
Subject: [sharechat] Phaedrus - Classic
Hogwash
> Re: [sharechat] PNA looking good?
>
> Phaedrus Wisdom
>>> " I was loath to draw any conclusions. Your questions
> are
simply red herrings, designed to draw discussion away from your false
>
claims." <<<
>
> Phaedrus, unfortunately you did draw
conclusions (see above based on your
> chart) and your reply clearly
shows that you are loathe to answer my
> questions, not because they are
red herrings, but simply because they expose
> the limitations of your
analysis. The rest of your comments are waffle,
> because I did not raise
any specific technical view, yet your very
> questionable response
includes a specific technical view (your chart) which
> you deliberately
chose in order to draw erroneous conclusions as though I
> had presented
that chart myself. Shame on you Phaedrus, that's disgraceful.
>
>
If you had submitted that same reply to my scenario "PNA looking good" at
> high school level as an effective response, you would unlikely have
received
> more than 3 out of 10, and you know that only too well. It was
a very poorly
> thought out effort, and you are quite capable of much
better analysis than
> that. I have seen your past efforts.
>
> The reason you did not answer my questions were obvious. Depending on
the
> various technical time slices chosen, there are different outcomes,
> typically uptrend or downtrend. It is also possible to have conflicting
> trends based on the type of technical analysis used. You selected your
> particular timeframe and chart analysis type because it conveniently
served
> the purpose of concluding with your erroneous findings. Had you
wished to
> conclude an uptrend result, you could have done so quite
easily, and on
> increasing volume - you know that.
>
> You
surprise me Phaedrus. Look closer at the volumes. Over the period
>
encompassing the most recent internal turning points (MACD and RSI) as the
> price rose from 15.5 cents through 17 cents the volume increased. You
and
> your findings are totally incorrect. Furthermore, your reply and
comments
> are red herrings deliberately designed to deceive those who
are not
> technically minded, and typically used as a smokescreen from
idiots who
> self-appoint themselves to pedestals.
>
> To
make matters worse Phaedrus, not only did you concoct an irrelevant
>
technical view, you also totally ignored references to the US dollar chart,
> gold bullion chart, fundamental analysis, and the effect of other
external
> factors such as terrorism, all of which effectively combine to
produce the
> PNA technical view today - a classic buy.
>
>
I am not prepared to enter any further debate on this matter with you, as my
> point has been clearly made, and anyone can look over those time
periods at
> will, however if you feel better within yourself, then
please feel free to
> post whatever you wish. I'm sure there will be
plenty of people who believe
> your simplistic technical nonsense. Don't
annoy me again with such trivia.
>
> Lazy Haggis
> The Mumbo
Jumbo Filter
>
>
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>
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