WSS and hotdig, what are you both on about? Nana is taking the time to explain his/her call, and you get all uppity. Get a grip! To hell with fundamentals, they don't mean as much as short term sentiment.
In a wonderfully self-defeating post WSS claimed "Trading needs the skills to sense the market sentiment" and "Betting needs the big picture, life logic, and common senses". Well, that is exactly what TA facilitates. There is no golden bullet, though a combination of indicators can gauge market sentiment.
Hotdig, mountains of petty one-liners such as yours are why the FMS threads are so difficult to navigate.
Nana, thank you for your reply. I don't recognise CMO or RMI - are you sure your not fibbing (dry lol)? Can you provide a reference to them both?
The most recent Fib fan lines aren't correlating particularly strongly with the SP movements, so I would be disinclined to put much emphasis on them.
Cheers
my family was out, page-29
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