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Technology Stocks : WDC/Sandisk Corporation
WDC 169.56-0.1%3:59 PM EST

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To: Tumbleweed who wrote (11669)6/1/2000 11:58:00 AM
From: TREND1  Read Replies (2) of 60323
 
Joe
After being in the market for 31 years, I have found there are two ways to invest:
(1) Fundamentals
(2) TA
(1)A fundamentalist is a person who studies every thing non
TA about a stock and makes a buy or sell. A fundamentalist really has to have a very big EGO. Why ? Because he thinks he can "out think" the MER's and Fund managers of the world.
He thinks without even talking to the company CEO's like Mer's and Fund managers do, he can figure out BETTER then them what SNDK will do in the future.
(2)A Probability TA'er, like my self, realizes that the MER's and fund managers have to leave a "foot print" when they reach their decisions to buy or sell. Just look at what SEG did to this stock.
After about 10 years of investing, I gave up "telling the market" what to do and "started listening" to what the market was saying.

Can both systems make money ? Yes !
The question is which one is better for you .

Larry Dudash
PS: Hal no longer has a reasonable buy price. It may be
weeks before Hal buy's again.
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