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Politics : Welcome to Slider's Dugout

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To: Auminer who wrote (8396)	3/14/2008 2:34:50 PM
From: Fiscally Conservative	Read Replies (1) of 50509

"History does not tell you the probability of future financial things happening." Warren Buffet Does not sound like Buffet. TA,which far too many traders and market analyses use is a form of predictive markers for future eventualities. Granted nothing is guaranteed although TA(Technical Analysis) has been employed in predicting financial market moves for over 75 years. FA(Fundamental Analysis) can work well too although when most market trading players(money movers) are using TA the market's predictive reactions using TA far outweight the use of FA simply because more money is moved around based on TA(Technical Analysis)principals. I too like Peter Lynch. His predictive stock abilties,although, came at a time when this country was first emerging from a long bearish winter back in the very early 1980's. Throwing darts at a wall laden with various co's could have proven quite effective too. In 1983 the Magellan Fund was up 104% in one year if my memory is accurate. Peter Lynch's record speaks for itself. You pose some provocative thoughts.

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