the trend is up, market has bottomed.

Discussion in 'Trading' started by lundy, Jun 21, 2002.

  1. lundy

    lundy

    The only reason I posted that chart was cause I thought most people might identify with it. If I posted my other stuff, people would think i'm looney.

    I actually think that all news and fundamentals are factored in. I rely 100% on price, volume, and time.

    edit: when i'm wrong, I think it's a flaw in my analysis, not due to some unexpected event.
     
    #361     Jun 26, 2002
  2. I would like for you to break the equation down for me, price, volume, and time. First, what determines price?

    Thanks
     
    #362     Jun 26, 2002
  3. "edit: when i'm wrong, I think it's a flaw in my analysis, not due to some unexpected
    event."

    How could an unexpected event possibly be considered in your analysis. If even those crazy news driven fundamentalists don't know about it, how can price action reveal it?

    *********************************************

    Valor is of no service, chance rules all, and the bravest often fall
    by the hands of cowards.
    ATTRIBUTION:
    Tacitus (c. 55–c. 120), Roman historian
     
    #363     Jun 26, 2002
  4. Commisso

    Commisso Guest

    "edit: when i'm wrong, I think it's a flaw in my analysis, not due to some unexpected
    event."

    That is a very "Newtonian" way of looking at the nature of the markets... Is the market not organic???

    PEACE and good trading,
    Commisso
     
    #364     Jun 26, 2002
  5. nkhoi

    nkhoi

    you stumble on the Delta secret? :D
     
    #365     Jun 26, 2002
  6. lundy

    lundy

    NUTSEAL,

    please be more specific. What do you want to know from me that you don't already know?

    Futurecurrents & Commisso,

    I beleive that the markets go up or down because of the collective psychological thinking and action of it's participants. In actuality, everyone is a participant. Even if you are unemployed and never heard of the stock market before. You are 1 unemployed person, and that makes you part of an economic report every month or whatever. It's all tied in to the price movement.

    Nkhoi,

    I don't even know what Delta is.
     
    #366     Jun 27, 2002
  7. nkhoi

    nkhoi

    #367     Jun 27, 2002
  8. heh..i think i remember getting an ad from him in the mail for that..no thanks.
     
    #368     Jun 27, 2002
  9. lundy

    lundy

    anyone have experience with it? I read the info on the website, it sounded OK.
     
    #369     Jun 27, 2002
  10. is <a href ="http://christaylormusic.com/mp3/06secret.mp3">here.
    <img src="http://a1259.g.akamai.net/f/1259/5586/1d/images.art.com/images/PRODUCTS/shdws/regular/10030000/10030562.jpg"><img></a>
     
    #370     Jun 27, 2002