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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: Seeker of Truth who wrote (56615)11/29/2004 3:49:37 AM
From: elmatador   of 74559
 
To know the future we still have to look at the company itself, its competitors, the local situation, world situation etc.

why TA is useless? My view is that for you to able to <<have to look at the company itself, its competitors, the local situation, world situation etc.>> you need to:

1) be minimum 35 years old.

2) Have been involved in the industry you're analysing

3) Have the right contacts within the industry you're analysing

4) have worked and lived in at least 3 countries in different continents

5) Know a couple languages besides English.

Universities don't supply this animal. By the supply technical analysts and they carve up a market for their skills.
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