Wayne,
My initial response was erased due to technical difficulties. However, using the market and handicapping (very similar in many ways) isn't the best way to prove your point. Both require much more than simple logic and chains of yes/no questions to arrive at consistently accurate conclusions, especially within self correcting systems. And I do agree that too much information, or more accurately data, can be a bad thing. KISS is as true as the 80/20 rule, which is why I don't avail myself of the many tools available to me at work for doing technical analysis. It's also why I haven't studied more esoteric stuff that may technicians swear by. (My excuse for not wanting to spend more of my time working? <g>) Technology (when it works) sure makes screening for fundamentals easier. Its use (by some, all will follow or perish) from design to production, inventory mgmt, customer service, marketing, etc. will only continue to expand and it will be as seamless and reliable as using the telephone is now. Looks like another problem, so I'll end. |
