Garpal Gumnut
Ross Island Hotel
- Joined
- 2 January 2006
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As I hope I have shown these two long days in to this trading month the use of a dart is as good as any way of entering a stock. My good friend from the Bush years, Don Rumsfeld wisely said apropos of our knowledge.
One need look no further than the ASF July 2020 Competition to see the wisdom of using a dart. AR9 is up 71.3% finishing at 21.5c in 2 days and I believe that but for an energetic bout of carpet hoovering @Dona Ferentes could have sold them at 30c shortly after 10.30 am.
Rumsfeld said and it can be applied to much of the stock market, (as many a bank CEO's mum's portfolio buy/sells will prove) there are many un/known/un/knowns privy to only a few. Charting circumvents this to some degree but it appeared a better strategy in "the old days" before quants, and shorters and then large investing houses mastered Technical Analysis.
As @tech/a has attested money management and knowing when to get out is just as important. I now have the perfect dart. However my epidemiologist friend standing no closer than 1.5m from me here at the Ross Island Hotel tucking in to a tasty Rib Fillet is vehement that correlation is not causation. (Don't ask me, she comes out with some very deep stuff). She has advised me to get a monkey for the August competition, to prove my thesis.
I now seek a monkey to attend at the hotel prior to the next competition. Full of the realisation that monkeys are vegan, I can understand that any member of ASF may be wary of entrusting such a pet to a carnivore such as I, and have thus arranged with a trusty debtor of mine in the suburb of South Townsville who votes Green to care for the animal and train it in dart throwing. He is very good with animals but hopeless at Texas Holdem and owes me.
This will finally lead to a level jungle in the ASF Competition. I doubt if AR9 will win, but if it does it will be by a mile at this rate.
gg
One need look no further than the ASF July 2020 Competition to see the wisdom of using a dart. AR9 is up 71.3% finishing at 21.5c in 2 days and I believe that but for an energetic bout of carpet hoovering @Dona Ferentes could have sold them at 30c shortly after 10.30 am.
Rumsfeld said and it can be applied to much of the stock market, (as many a bank CEO's mum's portfolio buy/sells will prove) there are many un/known/un/knowns privy to only a few. Charting circumvents this to some degree but it appeared a better strategy in "the old days" before quants, and shorters and then large investing houses mastered Technical Analysis.
As @tech/a has attested money management and knowing when to get out is just as important. I now have the perfect dart. However my epidemiologist friend standing no closer than 1.5m from me here at the Ross Island Hotel tucking in to a tasty Rib Fillet is vehement that correlation is not causation. (Don't ask me, she comes out with some very deep stuff). She has advised me to get a monkey for the August competition, to prove my thesis.
I now seek a monkey to attend at the hotel prior to the next competition. Full of the realisation that monkeys are vegan, I can understand that any member of ASF may be wary of entrusting such a pet to a carnivore such as I, and have thus arranged with a trusty debtor of mine in the suburb of South Townsville who votes Green to care for the animal and train it in dart throwing. He is very good with animals but hopeless at Texas Holdem and owes me.
This will finally lead to a level jungle in the ASF Competition. I doubt if AR9 will win, but if it does it will be by a mile at this rate.
gg