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Technology Stocks : Softbank Group Corp

SFTBY 59.78

-6.2%

Nov 18 3:59 PM EST

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To: Yamakita who wrote (1725)	9/15/1999 9:29:00 AM
From: astyanax	Read Replies (1) of 6020

yeah, I agree. I get my share of TA in life but not necessarily technical analysis. I love hearing the pundits talking about the charting patterns in retrospect. Like this one guy named Rick Berry for the Atlanta research firm JP Turner (I profile him on one my websites). It's pretty interesting to hear talk of "well, here we see the classic inverted head and shoulders. And right after it, here appears to be the breakout point, but it was a head fake - a sucker's rally." I like that, understanding classic charting patterns then when it doesn't come true, attribute it to a head fake/sucker's rally/etc. - Netconductor.com >>Yamakita, agreeing with Malcolm Bersohn wrote: Couldn't agree with you more Malcolm. TA is exactly like driving a car using only the rear-view mirror. There will always be a market for tea-leaf readers, horoscopes, and diviners of the future, no matter how many times they've proven to be bogus. Feh.

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