By chinltong at 2008-08-14
and here:
By chinltong
Generally, media does not give much to technical analysis. Because all the big money firms use fundamental analysis for the investing decisions. However, whatever they do, it is always visible on the charts, that enters the technicians.
My profitable trades on charts don't get the 1st 20%, nor the last 20%, only the middle 60% and that is a-o-k.
shorts: talking heads (again)
longs: RIMM, SYNA, COH, NDAQ, HANS, AMZN, same setups, my favorite bounce trades.
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