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General Discussion · Don Fishback ODDs Online
TrendSurfer
msg #102085
8/8/2011 12:50:50 PM

Spent a week with Don Fishback and Larry Williams in Daytona, Florida in 1995. While I personally haven't followed Don's methods, he was very impressive and the real deal.

General Discussion · Goldman Sucks
TrendSurfer
msg #93200
5/27/2010 11:20:24 AM

From Article: The Two Sides of Goldman Sachs

For the first three months of 2010, Goldman Sachs Group Inc. (NYSE: GS) didn't have a single losing trade. To outside viewers it may seem as though Goldman is playing by different rules.

Some investors may wonder why a construct such as a bank can borrow at near zero interest from the Federal Reserve when regular Americans aren't extended the same courtesy. But even worse than that, Goldman has not been quite so lucky with its officially recommended investments for 2010.

In fact, seven of Goldman's nine recommended trades for 2010 are currently in the red. So, Goldman is able to make every right decision with its own money, but when it comes to outside advice, they're only batting .222?

That sounds like more of the same "heads I win, tails you lose" nonsense from America's best worst business: banking.

And Goldman appears to be the worst of the worst. According to an article in Bloomberg, "Goldman Sachs makes more money from trading than any other Wall Street firm. In the first quarter, the bank's $7.39 billion in revenue from trading fixed-income, currencies and commodities..."

It's of small consolation that the SEC filed a lawsuit against Goldman for allegedly misleading investors with regard to mortgage backed securities. In the event that Goldman is found guilty, it's not likely that the sanctions will be significant.

This news from Goldman came just before their partner in crime: the Federal Reserve announced they would backstop debt concerns in Europe. It's bad enough that the Fed bails out shady banks, now they're propping up lousy currencies in far away countries?

General Discussion · RSI 2
TrendSurfer
msg #83841
12/4/2009 2:11:43 PM

Sir RumpledOne "in da house."

I'll drop you an email later today.
TS

General Discussion · RSI 2
TrendSurfer
msg #83771
12/2/2009 11:50:30 PM

It's all cool, thanks for acknowledging. Most here know I pop in, thought provoke a bit, then I'm out. When I do post I'm more interested in the reactions from others to what I bring up than anything.

I write constantly elsewhere like a mad man, there I can control the value, copyright and build quality and mutually beneficial relationships. It's a great group. Most forums don't have a delete function anyway, thus I would never post. I highly approve, recommend and use StockFetchers filtering functions. The right scans and the right method, you can't lose. Only the best in your search.

TS

General Discussion · RSI 2
TrendSurfer
msg #83753
modified
12/2/2009 4:12:41 PM



General Discussion · RSI 2
TrendSurfer
msg #83716
modified
12/2/2009 1:04:53 AM



General Discussion · RSI 2
TrendSurfer
msg #83704
modified
12/1/2009 8:58:18 PM



General Discussion · RSI 2
TrendSurfer
msg #83675
modified
12/1/2009 11:49:47 AM

.

General Discussion · RSI 2
TrendSurfer
msg #83652
modified
12/1/2009 1:14:33 AM



General Discussion · Room 4 Thought...
TrendSurfer
msg #83147
11/16/2009 3:48:22 PM

cheton - I hear what you are saying and agree with the two lines in middle as isolated statements - however if I understand by simultaneous to mean everything happens existing, occurring, or operating at the same time, and that scans can simply be flipped upside down and expect set-ups and/or triggers days to be the same, I'm my camp I would say no...

All one has to do is look at the charts and see the price action/reaction and/or follow through has different emotional needs, thus are not the same or do they manifest in the same way, thus maybe we should adjust a scan and/or entry/exit methods for for that.

I think most experienced would admit that as little as a single day can make all the difference in an interpretation to take a trade at that moment or not, and if that is true it would wise to make sure the scan is optimized specifically with that in mind.

And for a little deeper thought, wouldn't someone looking to initiate a trade or add another, be in a completely emotional state that someone already in a trade looking for an exit and even further, whether or not they are in a profit or a lose at the time.

Things that make you go hummmmmmm!

Plenty of room for thought here, I'll leave it for the rest to add more here if a thought or two was provoked, thanks cheton you do work here that benefits all...


TS

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