DOW 1.02% $4.87 downer edi limited

**futures soaring!!!shorters beware*****, page-57

  1. 14,931 Posts.
    MyOption

    That's fine, I guess there will always be a distinct rift between the Chartist and the Fundamentalist approach.

    As a fundamentalist by nature I guess I don't have to be concerened what the smart money is going to do, as by observing their purchases they have already told me where to put my money.

    My approach is not for the market to tell me that I'm wrong (because usually by then its too late and I have done my dough!) I always assume that I am wrong, and I let the market prove me right.

    I would submit that it is not enough to "think" you have a great deal, and therefore a bargain. There has to be a real reason based on fundamentals making it actually so!

    Cheers and good trading :)
 
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