Bill Wexler's Profits of DOOM Message Board

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Strategies & Market Trends : Bill Wexler's Profits of DOOM

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To: Zach E. who wrote (331)	3/11/1998 3:03:00 PM
From: Bill Wexler	Read Replies (1) of 4634

I have read the O'Shaugnessy book and found it excellent. The difference here is that he is tracking the historical performance of stocks with variouws characteristics (you mentioned one low P/S vs. high P/S), this doesn't mean he's a chartist. He's simply pointing to the historical record. What I object to is this notion that future price movements can be predicted from analyzing short-term trends and "patterns" in stock prices.

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