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Technology Stocks : Intel Corporation (INTC)
INTC 37.81-4.3%Dec 12 9:30 AM EST

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To: Tenchusatsu who wrote (166710)6/20/2002 3:23:00 PM
From: Jim McMannis   of 186894
 
RE:"Hindsight is all you have provided"

Just give me next weeks lotto numbers, forget the markets.
Since we don't know the future then we have to take our best shot using previous data. TA doesn't actually predict anything. It just draws lines in the sand where probabilities are the greatest that changes will occur. In the case of stocks, Using TA, at least you have a chance of seeing major changes in price action. If you buy and hold you are just subject to which way the market wind is blowing at the time.
So, you sit at your desk, working your butt off for a great company...while the rest of the worlds screw ups help take it out with the tide. Sure, it's disillusioning...but you are young, smart, hopefully have your health...can likely get a job anytime...so you learn some TA...or better yet, just emphasize the finer things in life and be happy.

Jim
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