Seeking Alpha
  • Ryan Mallory
    Fuinhaz Setups for April 22 2013 | $BBRY $GOLD $HLIT $NSPH $PWER $SHPG $YHOO $ZNGA | SharePlanner http://bit.ly/13qxKHm
    4/22/13
    Reply (28)
    • DumpsterDiver: The note on PWER today (of all days) is about the most perfect illustration imaginable of why not to take technical analysts at face value..
      4/23/13
    • DumpsterDiver: Dude's so deep in his chart he can't look up to read the news, I guess.
      4/23/13
    • Ryan Mallory: I've done quite well in life off of taking technical analysis at face value.
      4/26/13
    • DumpsterDiver: Can't help but think you'd do at least slightly better by avoiding prima facie foolish calls...
      4/26/13
    • DumpsterDiver: ...whose incorrectness can be determined using already-public information, but maybe that's just me. How'd that PWER play work out Monday?
      4/26/13
    • Ryan Mallory: never took the trade... it was on the watch-list. if my calls are so foolish, then just take the opposite position as me on all of them.
      4/26/13
    • Ryan Mallory: but sitting behind your computer desk hurling insults and speaking latin makes you no better of a trader and me no less of one.
      4/26/13
    • DumpsterDiver: That would be like religiously taking the opposite position of someone on a coin toss.
      4/26/13
    • DumpsterDiver: If someone were able to be wrong 100% of the time, it would mean they had a perfect predictive method and were just applying it incorrectly.
      4/26/13
    • DumpsterDiver: I don't believe that's the case here. It's the method itself I'm critiquing.
      4/26/13
    • DumpsterDiver: As of their news release Sunday night, PWER became one of the most predictable stocks in the world. Getting THAT one wrong took some doing.
      4/26/13
    • DumpsterDiver: It doesn't speak terribly well of one's methods if their results aren't even in the ballpark for the easiest and most obvious cases.
      4/26/13
    • Ryan Mallory: unlike most people, all of my results are posted on SharePlanner.com where's your track record?
      4/28/13
    • DumpsterDiver: Go to the PWER StockTalk page and you'll see the "prediction" I made about it last Sunday night posted immediately below this thread.
      4/29/13
    • DumpsterDiver: Note that: A) Mine was accurate (not that that's hard to achieve when a solid acquisition offer w/price info has already been announced)...
      4/29/13
    • DumpsterDiver: B) I made a 56% profit in three months (although in retrospect I could have made that same profit on this stock in three days -- oh well)...
      4/29/13
    • DumpsterDiver: ...and C) I offered no advice, because there WAS no useful advice to be given at that point to anyone not already holding shares.
      4/29/13
    • DumpsterDiver: Now re-read the note about PWER in the link you posted -- which was written on Monday, AFTER all this had played out.
      4/29/13
    • DumpsterDiver: Would you take advice from someone who comes up with it that carelessly and misses the point that thoroughly? I wouldn't.
      4/29/13
    • DumpsterDiver: ...But I gather one must actually possess the non-existent ability to predict the future before they're qualified to critique anyone...
      4/29/13
    • DumpsterDiver: ...who claims that they can, so no worries, you and your fellow techs are therefore immune to all criticism from anyone, ever. Enjoy.
      4/29/13
    • DumpsterDiver: P.S. to James Randi: Until YOU can bend spoons with your mind, stop telling other people they can't.
      4/29/13
    • Ryan Mallory: you really need to go find a hobby and spend some time off of your soap box.
      4/29/13
    • DumpsterDiver: Now that you've completed your analysis of the messenger, any response to the actual message?
      4/30/13
    • Ryan Mallory: Everything u have said is far beyond my mental capacity that would allow me to grasp the depth of your understandings of the financial mkts
      5/1/13
    • DumpsterDiver: You sure jump through a lot of hoops to avoid addressing a simple point. Okay, I'll simplify it further:
      5/2/13
    • DumpsterDiver: Do you believe that note about PWER was NOT embarrassingly uninformed? If so, why?
      5/2/13
    • Ryan Mallory: No I don't, and what is more embarrassing is your obsession with a comment made 10 days ago.
      5/2/13
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