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Politics : RAMTRONIAN's Cache Inn
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To: W.F. Schwertley who wrote (4814)2/11/1998 2:11:00 AM
From: Timothy Bennett  Read Replies (1) of 14464
 
Very good I must say. Now that technically we know where they have been we can concentrate on where they are going.

I am heavily involved in technical analysis and probably more than you care. It is great for the short term and picking up absurd amounts when applied to examples such as KLAC's options approximately 92.3% of the time with a 54% cross over on strike prices for great intrinsic appreciation. However, when facing revolutionary developments and progressions they amount to a bucket of crap. (Bucket sold separately of course.)

Don't get me wrong I love the stuff. I even plan to be a technician. However, no chart or indicator predicts the prostpects of R&D.

Thanks
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