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Technology Stocks : America On-Line: will it survive ...?
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To: Joel Sternberg who wrote (1994)2/27/1997 8:10:00 PM
From: William H Huebl   of 13594
 
Hi Joel,

<Finally, did or did not John Murphy look like an idiot on his Iomega rantings?>

First of all, I don't think JM has any greater ability to use TA than most of the experienced students. So his call is probably as good as any on any specific stock, index or what have you... I like his teaching style although much of what he has in his books is in other manuals.

Secondly, when you can pry yourself away from looking in the mirror which is reflecting from the other mirror which is...

The escape from wonderland is that charts are not fundamentals, but they have imbedded in their patterns the fundamentals of the stock as sensed by investors. Sensed, in this sense, is a filtering process where the marketplace has assessed to the best of the investors' abilities, the implications of the known and anticipated fundamentals.

So now's the time to jump into AOL for a ride to 100.

Regards,

The Mad Hatter
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