Hi Dr.Jim,
Welcome to the thread.I think you can find all the fundamental info here you'd like as well as field reports, if you go back in the thread far enough.Of course you'll find lots of other stuff too,like fishing reports,various stock leads,and yes,technical analysis.And even though we're basically all long term investors.(Milo got in at 8) I definitely think there's a place for technical analysis,particularly when Smith-Blarny analysts are downgrading Intel strictly based on market timing.Observers influence what is being observed and Malkiel will tell you T.A. has validity,he simply questions it's ability to generate superior profits.
Myself,I have two major uses for it.First,particularly in a market like this,it can give you insight into the best price to buy on during market dips.And we all wish we would have bought at 8 like Milo.Second,it can adequately explain stock movements that otherwise seem to have no fundamental basis,like a couple weeks ago.We're always looking for reasonable explanation for RAIN's movements and generally,we can find information to do so.And Terry's charting generally can track the "tidal" movements with uncanny precision.If you can't find an explanation you keep looking til you do find one to make sure the story hasn't changed and you end up being the last guy at the party.
At any rate,I plan on staying with RAIN as long as the story's there which hopefully will be for decades.Currently,I'm holding 1500 shares of RAIN with intentions of increasing to 2000 before DW if the price is right.
In case you don't know there's a lot of good info at www.rainforestcafe.com (10Q,10K,schedule of openings,etc)
By the way,am I right in assuming you're a professor and if so in which field?
Regards,
Dennis |
