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Technology Stocks : Intel Corporation (INTC)
INTC 35.75+3.6%3:59 PM EST

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To: Mary Cluney who wrote (48793)2/26/1998 1:13:00 AM
From: Khris Vogel  Read Replies (2) of 186894
 
Another question. If it were shown that the proper use of TA can help someone make money ... but why stop ... why not make a fortune?

Because it's all tea leaves and tarot cards, Mary.

Last year, I was in a small investment club that invested only in very speculative microcaps. One member was a TA. He proceeded to tell us we should have sold a particular stock at a certain point. After the fall had already happened. Boy, was he useful to have around.

To paraphrase Engel, if investing was just math and charting, every math wiz out there would be a millionaire. Of course, we know differently.
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