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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.12-0.2%Nov 26 3:59 PM EST

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To: Glenn D. Rudolph who wrote (61435)6/9/1999 2:39:00 PM
From: Rob S.  Read Replies (1) of 164684
 
Glenn, I think long term that talent in investing comes from "90% perspiration and 10% inspiration". The good thing is that skills, such as TA, can be learned. The bad thing is that people look for quick answers when they start to use these tools and tend to use TA to explain their built-in prejudices. I studied stock activity and charts and indicators for a few years (and made and lost money in the process) before I gained confidence in how to use it effectively to a fair percentage of the time. Even then no "system" as complex as investing can ever be figured out so well as to give you the ability to be right anywhere near all of the time.
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