SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : SDL, Inc. [Nasdaq: SDLI]

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Wyätt Gwyön who wrote (2002)6/26/2000 3:24:00 PM
From: jghutchison  Read Replies (1) of 3951
 
Mucho Maas, The original stock TA guys were tape watchers. No one knew what they did and they often could not explain what they did. But it worked for them.

TA is nothing more than observation of past behavior and using it as a predictor of the future. It does require mastering skills. Some of which are very elementary. A good memory, or reading a chart.

If you buy low and sell high you are practicing elementary TA. If you momentum trade you are practicing TA. If you pay any attention whatsoever to price, then you are practicing TA. Those who invest with no thought of the price are abject fools, total geniuses, or on the inside.

When you buy strickly on fundamental value regardless of the price action you are practicing FA. Aside from Warren Buffet, I don't know anyone else who is successful with that approach. The rest of us are closet technical analysts, like it or not.

Jack Hutchison
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext