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Technology Stocks : Gemstar Intl (GMST)
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To: Apollo who wrote (2906)4/28/2000 12:05:00 PM
From: Ausdauer  Read Replies (1) of 6516
 
Stan, JB called this one dead on. Let's give him some credit.

I like the statement about MACD being a self-fulfilling prophecy because so many believe in it.
I have no doubt that this is true to some extent.
In some ways technical analysis is a religion rather than statisical hocus pocus.

In general I think market timing is best left to experts and those with crystal balls. Investing for the long term and adding on unexplained weakness seems to be an equally good technique. In the latter case you sometimes need balls of brass, not crystal.

Ausdauer
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