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Turkcell Iletisim (TKC) Message Board

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  • shortregrets shortregrets Nov 28, 2007 9:26 PM Flag

    MACD says to get out of TKC

    Boss, share the source of this divine inspiration: "Technical analysis only works when it is consistent..." if you please. TA is actually more fundamental than investing on fundamentals. Why? There is a number of TA corner-stone works that build groundwork before they ask the reader to take the leap of faith. Any one particular short sentence answer would not be able to answer the "why". Think of it as your 1st grade math book. Before you tell somebody that a^2 + 2ab + b^2 = (a + b) ^2 you really got to disuss what individual "+", "^", and symbols mean. Hence, before making the statement TA works only when it works, take some time to study its "bibles" -- you'll benefit youself first and formost.

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    • TA works only when a lot of traders act in a similar manner; however, the fundementals and manipulation screws up the results all too often. It really didn't take much divine inspiration to arrive at this conclusion. I will bet my dollars, however few they may be, on the fundementals and hold until they change or I have achieved my investment goals. If the technicial approach works for you, good luck to you.

 
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