Which one do you use? Technical or fundamental analysis?

[Realist]

Re: Which one do you use? Technical or fundamental analysis

Like I said Realist you've obviously never experienced real carnage on the markets.

Great guess. BUT WRONG again.

Mate, I work in IT. I have Nasdaq shares now.

I've had Nasdaq shares in 1999 through to now.


Has there been a bigger crash apart from 1929 to compare with what I went through?


Yourself? - please tell us your market carnage stories, I bet they do not compare to mine..

My shares were in well established successfull IT companies as well - they made profits - they were not dotcoms disaters trust me. They "were" - were being the operative word, good companies.

 

[eddievanhalen]

Re: Which one do you use? Technical or fundamental analysis

Great guess. BUT WRONG again.

Mate, I work in IT. I have Nasdaq shares now.

I've had Nasdaq shares in 1999 through to now.
Has there been a bigger crash apart from 1929 to compare with what I went through?



My shares were in well established successfull IT companies as well - they made profits - they were not dotcoms disaters trust me. They "were" - were being the operative word, good companies.

I apologise then. That says all anyone needs to see.

Yourself? - please tell us your market carnage stories, I bet they do not compare to mine..

I'm sure they don't

You just keep providing me with such great ammo. If I didn't know better I'd think you were actually trying to prove my points for me.

All the pros I know have copped a belting similar to yourself and learned from it. If you haven't learned anything about how important sentiment is to investing from your experience in profitable Nasdaq companies then you're beyond help.

Bye. I'm actually going to ban myself from this thread now - you just keep pulling me back in with bigger and bigger clangers.

Ed

 

[Realist]

Re: Which one do you use? Technical or fundamental analysis

I've had Nasdaq shares in 1999 through to now.


I apologise then. That says all anyone needs to see.

Well, if you think you would have got out of that Nasdaq crash and stayed out with your trading methodologies - think again. Big wig Yanks that would eat you for breakfast got smashed. You can't sell if no-one will buy.

Almost everyone got smashed overnight.

And if you think buying and holding did not work then check CTXS.

I held and held and held. It worked!! I'm still holding.

Everyone else sold, to get back what was left of their life before it went to zero.

I lost big time though, buy and hold doesn't work when your company worth $80 per share gets bought out at $8 when it's share price is $4 - RATL.

 

[wayneL]

Re: Which one do you use? Technical or fundamental analysis

Almost everyone got smashed overnight.

Absolute tosh. The pigs got slaughtered, fair dinkum traders with systems got out when appropriate.

 

[Realist]

Re: Which one do you use? Technical or fundamental analysis

Absolute tosh. The pigs got slaughtered, fair dinkum traders with systems got out when appropriate.

Got any facts to back this big call Wayne??

Warren Buffet did not get smashed. Mums and Dads who diversify did not get smashed. Pure fundamental investors who diversify did not get smashed.

Who do you think got smashed?

I did cause I did not diversify. I did not invest fundamentally then. I got given shares though - so really I lost alot of paper money.

Many traders got smashed that is for sure.

If you seriously think traders escape crashes better than anyone else you are dreaming.

when has Buffet ever been hammered from a crash??

Ben Graham was once in 1929 to 31 - as a young fella, he learnt from it like me.

 

[professor_frink]

Re: Which one do you use? Technical or fundamental analysis

Got any facts to back this big call Wayne??

Warren Buffet did not get smashed. Mums and Dads who diversify did not get smashed. Pure fundamental investors who diversify did not get smashed.

Who do you think got smashed?

I did cause I did not diversify. I did not invest fundamentally then. I got given shares though - so really I lost alot of paper money.

Many traders got smashed that is for sure.

If you seriously think traders escape crashes better than anyone else you are dreaming.

when has Buffet ever been hammered from a crash??

Ben Graham was once in 1929 to 31 - as a young fella, he learnt from it like me.

You are a funny man Realist! Funny, funny man

 

[wayneL]

Re: Which one do you use? Technical or fundamental analysis

You are a funny man Realist! Funny, funny man

Indeed Professor!

As a general rule, I always try to laugh *with* people. Sometimes though...

Realist, what you need to learn is: To get out of a hole, you have to stop digging.

Cheers

 

[Magdoran]

Re: Which one do you use? Technical or fundamental analysis

Indeed Professor!

As a general rule, I always try to laugh *with* people. Sometimes though...

Realist, what you need to learn is: To get out of a hole, you have to stop digging.

Cheers

Now you've made me spill my drink... again! The Duc did it to me yesterday, now you get me today!

Here I was pouring over various charts working away, and this comment comes through... seriously, I nearly fell off my chair just imagining the "china syndrome"!!! Hahahahaha


Mag

 

[Realist]

Re: Which one do you use? Technical or fundamental analysis

My work is nearly done for today then....

This thread is fast becoming the most popular ever.

Tomorrow we shall discuss why Warren Buffet is so rich, and why there is not one trader anywhere near the rich list.

We'll also discuss tax and why the government deliberately taxes the buggery out of traders.

And after lunch we'll go through the details of why brokers want traders to buy and sell so often.

You guys can then accuse me of possibly putting every cent I owned into HIH 10 years ago, then you can tell me I may be rich when I am 90 but you are rich now. And you can bait me by telling me how boring investing is, how I need to work fulltime and much you made today and I much I made.

Till tomorrow.

 

[professor_frink]

Re: Which one do you use? Technical or fundamental analysis

My work is nearly done for today then....

This thread is fast becoming the most popular ever.

Tomorrow we shall discuss why Warren Buffet is so rich, and why there is not one trader anywhere near the rich list.

We'll also discuss tax and why the government deliberately taxes the buggery out of traders.

And after lunch we'll go through the details of why brokers want traders to buy and sell so often.

You guys can then accuse me of possibly putting every cent I owned into HIH 10 years ago, then you can tell me I may be rich when I am 90 but you are rich now. And you can bait me by telling me how boring investing is, how I need to work fulltime and much you made today and I much I made.

Till tomorrow.

And tommorrow someone will explain to you that the nasdaq didn't lose near on 80% of it's value in one trading day.

 

[Realist]

Re: Which one do you use? Technical or fundamental analysis

And tommorrow someone will explain to you that the nasdaq didn't lose near on 80% of it's value in one trading day.

Where did I say it did???

Some speculative Nasdaq shares did though. Such as KTTEQ

Any trader thinking a stop-loss will save their arss on that is dreaming.


Kitty Hawk, Inc. (NASDAQ:KTTEQ): When the truth about the Company was revealed, the price of the stock dropped over 80% in one day and 93% from a class period high of $13.50.

http://www.thetimesharebeat.com/archives/2000/fin/fnmay152.htm

 

[professor_frink]

Re: Which one do you use? Technical or fundamental analysis

Where did I say it did???

Well what did you mean by this statement then-

Almost everyone got smashed overnight.

Any trader thinking a stop-loss will save their arss on that is dreaming.

If there were problems with the company that weren't disclosed, investors wouldn't have done any better.

If you seriously think traders escape crashes better than anyone else you are dreaming.

Do you have any facts to back this claim up?

 

[Realist]

Re: Which one do you use? Technical or fundamental analysis

If there were problems with the company that weren't disclosed, investors wouldn't have done any better.

Traders use stop-losses, investors diversify....


A trader puts their money into one stock, (they have a 3% stop loss).

Overnight the stock plummets 80% - they are rooted.



An investor, puts 5% of their investments into 1 stock.

The stock plummets 80% overnight. The investor loses 4%.



Who is worse off by up to 76%??

 

[professor_frink]

Re: Which one do you use? Technical or fundamental analysis

Traders use stop-losses, investors diversify....


A trader puts their money into one stock, (they have a 3% stop loss).

Overnight the stock plummets 80% - they are rooted.



An investor, puts 5% of their investments into 1 stock.

The stock plummets 80% overnight. The investor loses 4%.



Who is worse off by up to 76%??

Where on earth did you dig up this manure from?

 

[RodC]

Re: Which one do you use? Technical or fundamental analysis

A trader puts their money into one stock, (they have a 3% stop loss).

So by this criteria I can't be a trader as I have more than one stock?

More rubbish and generalisations.

 

[wayneL]

Re: Which one do you use? Technical or fundamental analysis

So by this criteria I can't be a trader as I have more than one stock?

More rubbish and generalisations.

Indeed, that on had me ROTFLMFAO.

That's what you call leaping to delusions

 

[dallee]

Re: Which one do you use? Technical or fundamental analysis

Seeing as this is sitting in the beginners' thread, can I ask what if for argument's sake we say that technical analysis provides the greater returns, but the investor is not confident/competent enough to use it and is happy with the returns from some solid research and a more conservative buy-and-hold strategy that produces good dividends but a slower capital growth. Isn't it better to be in the market in this capacity than not at all?

Would I, for example, be foolish to gear into some blue chip stocks, watch the market to the best of my ability, make a few mistakes along the way but hopefully come out on top in the end; or, if this is the limit of my current abilities, salary sacrifice into super with the knowledge someone else has the expertise to make it work? Although the second option doesn't sound as much fun.

 

[Magdoran]

Re: Which one do you use? Technical or fundamental analysis

Where on earth did you dig up this manure from?

More rubbish and generalisations.

Indeed, that on had me ROTFLMFAO.

That's what you call leaping to delusions

Guys, Agggggg, stop it! How can I get my work done when I keep #*%$ing myself laughing???

I think we have found our entry for the next comedy fest! Where else could you go for a cheap nights farcical entertainment live?

Mag

 

[Magdoran]

Re: Which one do you use? Technical or fundamental analysis

Hi Magdoran,

...... a second invitation will not be required ...

Let's take it to:

https://www.aussiestockforums.com/forums/showthread.php?t=3651

-----

Just for the record, there's never been any promotion
on this forum for the astrotradiing package and there
probably will never be any such promotions .....

..... simply because this package is not available to
Aussie traders, so our target market is ALL export-
oriented (more than 20 countries to date, in fact).

So, what would be the point of pushing a sales
barrow in here?

happy trading

yogi

Hello Yogi,


Point taken about promotions on bulletin boards, you are quite correct, and in hindsight I should have considered the potential for a conflict of interest and propriety. I recognise that to think this way you must be a person of integrity.

Just out of interest, why is the package not available in Australia, I noted this when I was researching your posts over a month ago.

Re: your thread, actually I have been following it, and went to a variety of your pages, but I must say, although the astrology chart looks impressive, that still doesn’t tell me much about your T/A, and which Gann methods you are using… except that you did post something on natural squares from memory – was that essentially based on the square of the range by any chance?

Happy to move to a quieter thread, but here you’ll get much more exposure…


Regards


Magdoran

 

[eddievanhalen]

Re: Which one do you use? Technical or fundamental analysis

Seeing as this is sitting in the beginners' thread, can I ask what if for argument's sake we say that technical analysis provides the greater returns, but the investor is not confident/competent enough to use it and is happy with the returns from some solid research and a more conservative buy-and-hold strategy that produces good dividends but a slower capital growth. Isn't it better to be in the market in this capacity than not at all?

Would I, for example, be foolish to gear into some blue chip stocks, watch the market to the best of my ability, make a few mistakes along the way but hopefully come out on top in the end; or, if this is the limit of my current abilities, salary sacrifice into super with the knowledge someone else has the expertise to make it work? Although the second option doesn't sound as much fun.

Nothing foolish there at all. The keys are :

-like all of us you will constantly be learning and , if you're new to the game, you only trade/invest money that will not kill you if it's lost

-you have acknowledged that you are on L plates and that's half the battle

-you learn from your mistakes and look to develop new strategies to counter those mistakes as they occur


I agree entirely that it's better to be in the market than not. The worst you can do is lose some money and learn via these "tuition fees". Just make sure you try and minimise your risk exposure for a while so that you're in a position to survive and make use of your developing skills later on.

If you are going to use fundamental analysis only (nothing wrong with that - I did it for years) just be aware that :

- stocks usually go into downtrends for a reason (a cursory glance at the price trend before buying could save you some money)

- stocks usually trade "cheap" for a reason. Look beyond simple price/earnings and price/book value analysis

- try to find "cheap stocks" with a chart that isn't disastrous (preferable) and with a decent short to medium term outlook for earnings growth (a must)

-cyclical stocks often trade cheap at their peak (ala BSL) and look expensive near the bottom

-income in the form of dividends (ala TLS) isn't good enough when you've lost half your capital. By always trying to buy a business with the right outlook you should have some sort of shot at protecting your capital - then the dividends will mean something

- read what Realist says (other than diversifying which is smart , especially early on) and think carefully about doing the opposite.

Ed