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[Amangod]

George Soros

http://www.gurufocus.com/news.php?id=6939

"Today the “man who broke the Bank of England” seems to have taken on some positions in his stock portfolio today that most likely reflect his views on the economy and the price of commodities as Soros tends to invest based on economic indicators."


Whoa.. wait a minute.. the best trader in the world uses economic indicators???

But they lag what the economy is doing by months and months.. hmmm

Hey Chris can you get in touch with George and tell him he doesn't know what he is doing and you have a more "optimal" way for him to trade

 

[AMT4SWA]

Quote from Amangod:

Whoa.. wait a minute.. the best trader in the world uses economic indicators???

Right, numerical economic DATA his group compiles from their own research (staying current with at-the-moment economic trends since all the typical government data lags terribly).....NOT squiggly's off the chart!

 

[Amangod]

Quote from AMT4SWA:

Right, numerical economic DATA his group compiles from their own research

Hey don't tell me, tell George.. they are indicators and they lag so not "optimal" according to you.. poor old George will be upset to hear this

 

[Amangod]

Quote from AMT4SWA:

as every successful trader knows indicators are not the optimal play.

Evidently George Soros doesn't know

 

[AMT4SWA]

Quote from Amangod:

Evidently George Soros doesn't know

Evidently you don't know the difference between lagging CHART indicators (taking price and CHANGING it with a mathematical formula and then plotting that data after the fact) and economic indicators. :eek:

The George Soros distraction is another dirt road off course from the main highway of realtime PRICE/VOLUME! :eek:

Hey, I have a great idea.....call your new buddy here George, and then ask him to evaluate KP for you!!!

 

[Amangod]

Quote from AMT4SWA:

Evidently you don't know the difference between lagging CHART indicators (taking price and CHANGING it with a mathematical formula and then plotting that data after the fact) and economic indicators.

Heh heh.. all your blanket statements and sweeping opinions are now suddenly subject to amendment

But don't tell me Chris.. tell poor old George, he's the one using those damn lagging indicators

 

[AMT4SWA]

Quote from Amangod:

tell poor old George, he's the one using those damn lagging indicators

You have offered ZERO proof your new buddy George is using lagging chart indicators.....until you do, that dirt road is looking like home for you! :eek:

 

[Amangod]

Quote from AMT4SWA:

You have offered ZERO proof your new buddy George is using lagging chart indicators.

You're telling the wrong guy Chris.. give George a bell and tell him your theory

 

[AMT4SWA]

Quote from Amangod:

You're telling the wrong guy Chris.. give George a bell and tell him your theory

Here....tell these guys they are wrong...... http://www.investopedia.com/terms/l/laggingindicator.asp

They even have the "lagging indicator" DEFINED for you! :eek:

 

[Amangod]

Economic indicators fall into three categories: leading, lagging and coincident.

Surely not?.. leading?.. but Chris told us they all lag