I guess the emphasis is on the word "was", since at the time, I was 22 years old, and the prevailing opinion was that FA was the "correct" way to go about investing. In fact, as a teenager, I bought mutual funds based on FA and did quite well. Of course, those were the days (early 1980s) when there was actually value in the market, and technical analysis was sort of a voodoo tool, and strictly not necessary. In fact, I did not even hear of TA until 1986 or so, and quite by accident, I must say...someday, I will tell the whole story of how it all came to be.
T. |
