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Technology Stocks : Dell Technologies Inc.

DELL 126.59

-1.0%

2:31 PM EST

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To: Boplicity who wrote (21999)	11/19/1997 2:07:00 AM
From: Chuzzlewit	Read Replies (2) of 176387

Gregory, this charting stuff is getting downright silly! Resistance, support, RSI, MACD, overbought, oversold, etc., etc. It's all an illusion. It reminds me of when I was a kid riding in the car. I was amazed at how the windshield wipers were able to keep the rhythms of some melodies I was humming, or how when I looked at cloud formations I could see animals and people. Charting is much the same -- you see what you want to see. It never ceases to amaze me that otherwise intelligent people put money at risk based on such nonsense. The market is driven by two things: business-specific expectations and general market conditions. And the daily minor ups and downs are just noise. Regards, Paul

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