Just a Question Tonight
#1
Posted 30 January 2007 - 10:59 PM
#2
Posted 30 January 2007 - 11:08 PM
#3
Posted 30 January 2007 - 11:09 PM
~Benjamin Franklin~
#4
Posted 30 January 2007 - 11:22 PM
Maybe there is something to this ?
Whoever said there was "no" connection between the two? IMHO, technical analysis "precedes" the news, there is an indirect correlation. Fundamental analysis is not worthless. News is not worthless. TA sometimes is the laggard in the lineup. Could TA have predicted 9/11? Nada.
U.F.O.
#5
Posted 30 January 2007 - 11:24 PM
I know some TA "purists" claim to not listen to the news at all.
Others can't live without it.
I think the news can push sentiment to an extreme, creating opportunity.
Is it really news? Often good news is built into price and the "news" is sold.
Sometimes it seems that "old news" is recycled to move a stock up or down.
Likewise have you ever seen "news" turn out to be an unfounded rumor?
Ever notice how that happens during Options Expiration?
Such as the recent rumors of Iran attacking a US ship during the opening hour.
Remember that rumor, Jan 18th?
That moved Gold, Oil, the Dollar and Stocks sharply and briefly triggering a lot of stops.
We try to predict the tide, the news may warn of a coming Tsunami.
Edited by Rogerdodger, 30 January 2007 - 11:26 PM.
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
#6
Posted 30 January 2007 - 11:29 PM
Edited by selecto, 30 January 2007 - 11:32 PM.
#7
Posted 30 January 2007 - 11:43 PM
Edited by U.F.O., 30 January 2007 - 11:46 PM.
~Benjamin Franklin~
#8
Posted 31 January 2007 - 12:17 AM
#9
Posted 31 January 2007 - 12:22 AM
You never know when one of these factors, technical or not, may give you the clue to make a high odds trade.
Well said.
thanks, klh
klh
#10
Posted 31 January 2007 - 12:47 AM
http://www.newyorkfe...indicators.html
http://www.newyorkfe...indicators.html
The fundamentals are usually the result of the long term monetary policies and the people's activity that these have only value in understanding their long term compounding effect on the liquidity or illiquidity, imho...
- kisa