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Technology Stocks : Telxon (TLXN)
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To: Justin Pressley who wrote (227)9/5/1997 1:43:00 AM
From: Jatin Kadakia   of 378
 
Welcome to thread Justin. I looked at the TA stuff and do not understand
majority of it. However, it looks favorable for the stock with respect
to those who follow it wholeheartedly. From other threads, I have seen
people use this data for short term trades, defining entry/exit points and
bottom fishing. For long term investor, the bigger picture is what is
needed. After visiting the site to check TA for Telxon, I checked some
of my other holdings. Personally, I found more than 60% of my holdings
to conflict with their recommendation. So personally, I do not know what
to make of it except to ignore it and continue on the way I always have.

Anyways, thanks again for the link. I got it bookmarked for future
visits. I am thinking of getting a good book that explains all this
stuff in layman's terms. Anyone have any recommendations?

Regards,

JK (Long on TLXN)

James, if you are still around. since you let go portion of your TLXN
holding does not mean that you have to proportionately reduce your
postings to the thread!<G>
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