PSFT - 1997 Outlook [closed thread] Message Board

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Technology Stocks : PSFT - 1997 Outlook [closed thread]

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Oct 29 5:00 PM EST

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To: Chuzzlewit who wrote (813)	1/29/1998 12:21:00 AM
From: Satyr	Read Replies (2) of 940

Ahhh I see your talking about the Holy Grail!!! You are absolutly right there is no stand alone TA system that will make money blindly. Just as there is no single FA indicator that will produce consistant profits. TA might be considered more of an art form than a science but if you can interpert the picture clearly profits are there for the taking. By the way I am a chartist and do not really use the latest fad systems that are churned out yearly to fit the latest market action. Charts have and always will reflect the past and give glimpse to the future to those who understand them. Charts only have validity in the fact that so many people follow them that they become self fulfilling. I am glad that you have had such success with your investing and i hope that it continues for you over the years. I only seek a 5% return per month on my equity and so far have managed to exceed that on a fairly consistant basis. May we both continue our success using our chosen methods. Bob

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