How To Buy a Bank (and Other Beaten-Down Stocks) [View article]
Thank you, Philip: your trading acumen stems from an understanding of the psychology that creates market inefficiencies, and knowing when to take a contrary position.
My preference for stock technical anaylsis stems from a similar desire to trade on trader psychology, since the prices are set by . . . traders, are they not? It's refeshing to see you state that aspect of the discipline so plainly. I never see that acknowledged in the media.
And, of course, your discipline works just as well for stocks as it does for options.
P.S. Cramer still attends the Church-of-What's-Happe... His fundamental insights are also still regularly uncanny. I'm happy to read you both.
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Latest | Highest ratedHow To Buy a Bank (and Other Beaten-Down Stocks) [View article]
My preference for stock technical anaylsis stems from a similar desire to trade on trader psychology, since the prices are set by . . . traders, are they not? It's refeshing to see you state that aspect of the discipline so plainly. I never see that acknowledged in the media.
And, of course, your discipline works just as well for stocks as it does for options.
P.S. Cramer still attends the Church-of-What's-Happe... His fundamental insights are also still regularly uncanny. I'm happy to read you both.