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Strategies & Market Trends : Technical Analysis- Indicators & Systems

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To: Richard Estes who wrote (801)4/21/1997 6:39:00 PM
From: Dick Brown   of 3325
 
In hindsight these systems almost seem foolproof. I just feel for the newbees that examples like these can also set a level of expectation that will never be fulfilled. There are many values to the technical side but the chance that I or anyone else will pick the next MSFT and be able to duplicate those results are quite slim.. If you can call them like a Peter Lynch, and then apply these systems, yes it would enhance performance. I still say stock selection is key to fulfill what you suggest a 'system' can do for the bottom line..
Dick.
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