Crow's Mouth(1): Do you believe in the technical analysis? There is nothing for sure in the market. That's why we need to do risk management.
I know a lot of people dislike Jim Cramer. But I like him. The reason is simple: He knows about making money than I do.
Let's share share one of his short stories.
---------------------------------------------------
Chart people spot many tops; in fact, they spot more tops than there are. That's just not valuable to me. In fact, one of the bigget mistakes I ever had in my career was to be short Genentech based upon a classic top formation, which, a prominent technician told me, ninety-nine times out of hundred produced a significant decline. I got my face handed to me when, the next week, Genentech got a homongous takeover bid! I had to buy the stock back up about 70%. As I hung up on the technician after cussing him out of the hot tip, he was squealing, "But the chart says it should go down!" To heck with the chart! -wang-lao-wu(钻石王老五) 2007-4-21Crow's Mouth(1): Do you believe in the technical analysis?It just means the one percent scenario happened, and the market regulator did an excellent job at avoidng asymetric information. -snoringanik(最大最灰的狼) 2007-12-14这个有道理,决定股价的最终是FA,中文网站太迷信TA,不是突破了resistance再买,就是跌破了support就卖.英文网站则会建议等股价便宜了再买.RIM就是一个例子,thestreet前几天就说等跌到100就买入,这种说法在中文论坛是不受欢迎的. -frog123(武松他哥) 2007-12-14 -deen(Revolution2008) 2007-12-14我感觉价值决定价格完全没错，但如果你作短线，投机是主要因素，TA能帮助你获得和确定很多信息，趋势和具体的出入价位，等等，正准备好好花时间学习一下。 -toml(nono) 2007-12-14流行的TA绝对是糊弄散户的东西。以前没有计算机这些东西还能糊弄，有计算机之后这些都是完全能够用计算机验证的东西。验证的结果如何？看看这本书...... 如果你相信科学，你就很难相信一种至少没有通过历史数据检验的理论。 http://www.amazon.com/Evidence-Based-Technical-Analysis-Scientific-Statistical/dp/0470008741/ref=pd_bbs_sr_2?ie=UTF8&s=books&qid=1197657990&sr=8-2 -pigking(铁头猪王) 2007-12-14流行的TA绝对是糊弄散户的东西。以前没有计算机这些东西还能糊弄，有计算机之后这些都是完全能够用计算机验证的东西。验证的结果如何？看看这本书......推荐一个帖子啊。帖子中的几个链接也建议大家点进去看一下。主要是对Efficient Market Hypothesis的讨论，水平很高。 http://www.crossingwallstreet.com/archives/2007/12/emh.html -pigking(铁头猪王) 2007-12-14