SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : America On-Line: will it survive ...?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: William H Huebl who wrote (1817)2/24/1997 10:41:00 AM
From: Joel Sternberg   of 13594
 
>Hi Jim,

If I were in a stock long, I might go in for more the the fundamental stuff. My theory... probably a steal
from someone else, is that everything along those lines is probably already priced into the current value
of the stock/equity/option/index. That's why I depend on TA so much... it tells me more than flipping a
coin... almost said flipping a chart... which is what you are doing without some kind of systematic
approach to stock selection and buy/sell decisions.<

So, fundamentals are already incorporated into the price, but chart patterns are just being discovered as we speak? I think it more likely that people trading on chart patterns ignore the fundamental information staring them in the face, thus making the stock a terrific long-term short candidate.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext