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Commodity Trading Discussion Forum

Re: Its ON Coral

Posted By: USCoralSea
Date: Thursday, 1 May 2008, at 10:29 a.m.

In Response To: Re: Its ON Coral (FortuneTaker)

Yes facts are facts but not always correct in what's is being reported are have a reason to move a market. Ever heard of buy the rumor and selling the fact. They either prove or disapprove them self's after the fact as for me and you are concerned. You don't think those that know and are close to heads of states around the world or have or close ties to the commodity's that are traded on the markets don't have an advantage over your little understanding of what is going on based on when you get information on fundamentals. You are fooling your self. That is one fact I learned to except long ago. I post DTN's market commits here not for me so much but I know people have an interest in is kind of information. It is just part of the business we are in. But I never trade from them per say. I put no faith in market hype or market news and call that solid fundament fact's. Are some true and will move the markets, probably but the chart in front of me is telling me this already. I need nothing else to trade successfully with. Not taking this conversation with you personally just stating my understanding and knowledge that's all. How many times have I seen the markets completely do just the opposite of some so called fundamental reports lol. I know of a poster here on the forum that has been discussing the fundamentals on T-Bonds for several year's and was wrong more times than he was right lol, he got to the point he was cussing at the Bonds fundament reports lol. On that note I rest my case. But wish you happy and successful trading
I guess we have worn out this old horse, time to move on. We just disagree, no big deal.

USCoralSea :)

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