Wednesday, October 03, 2007
Fly Buy: XFML
Disclaimer: If you buy XFML because of this post, your refrigerator will stop working. And, you may lose money.
I don't look at charts.
As you know, technical analysis is an excellent way to combine ignorance with laziness.
I use my time machine.
I must defend myself and say Fuck You. Ignorance and laziness is to ignore the technical realities of the market. Trends happen, I jump on them, I bank coin, end of story. You ruminate about the possibilities of markets that may be open to so and so products and whether or not enough margin, blah, blah, blah. Its bascially Harvard vs. the street in terms of the approach. They both make money and I prefer the charts. The Time Machine may give you the heads up, but you need a trend to bank coin. Otherwise, you are holding MVIS right now. MVIS may be a solid prospect due to their geeked out device, but it means jack until the trend kicks in. Nothing but love for ya Fly Man.
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