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ta observations, page-44

  1. 9,981 Posts.
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    Hi Southoz.

    Please forgive me, just having a bit of harmless fun over the weekend.

    "Well Vulture I’m in need of a ton of guidance and understanding"

    Sorry mate I'd like to guide you but I'll need to be abused first lol..

    "because I think"

    What you "think" doesn't concern me mate. Sorry to be blunt.

    "I agree with Robhood - anyone who reports a RSI to two decimal places is reporting nonsense."

    How many decimal places is appropriate in mathematics then Einstein lol..

    "And apparently you claim to be “just relaying the present circumstance of the chart” in between calling people knuckle heads"

    That's incorrect Southoz.

    All I said was I respected people that bagged TA because they reminded be of one of my favorite motorbikes.
    (the 1946 HD lol....)

    "You think theres a down-trend because"

    I known what I'm thinking, but do you know what you're thinking ?

    It's a downtrend till it turns into an uptrend lol..

    "your hotpotch of indicators with no theory"

    There's theory behind every indicator Mr mathematician.
    (and they're not mine (part of TA) but thanks for the credit lol...)

    "So why the interest from the TA exponents on a spec like PRR?"

    The logical decisions that can be made utilizing TA can be applied to ALL companies that are traded.
    (with adequate volume)

    "Fear and greed. Positivism begets more positivism and pessimism more pessimism. These trends build and feed off each other. In PRR’s case its been pretty gloomy getting gloomier."

    I never was a fan of emotions when it comes to trading, perhaps that why prr can be read like a book lol..

    "Why – fundamentals"

    Don't care for it so why not lol...

    "So pretty gloomy hence the attraction to TA types."

    "TA types" "FA types"

    What a crazy world we're living in :)

    I'll have to leave it there. Damn that's a long post !

    Sorry almost got through half of it lol, got things that require my attention.

    http://www.youtube.com/watch?v=G01LYlnXPos

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