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Technology Stocks : Dell Technologies Inc.
DELL 133.78-0.1%Nov 14 9:30 AM EST

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To: jimleon who wrote (45155)5/28/1998 12:06:00 PM
From: Walt Corey  Read Replies (1) of 176387
 
re: comes out with an earnings warning tomorrow, the stock will tumble. That tumble is based on a threat not on fundamentals.And I have not heard anyone say that TA is 100% foolproof AND is immune to investor sentiment. It makes certain assumptions and requires certain constants, even thought those constants change over time. I think the fallacy of those that do not believe in TA is they assume for it to be valid it has to be an undeniable law, like gravity or death. It, in my mind, only tries to quantify behavior and that behavior is different for different securities AND changes over time.
Walt
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