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Technology Stocks : Netscape -- Giant Killer or Flash in the Pan?

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To: gary neil baurer who wrote (3801)7/11/1998 12:28:00 PM
From: E. Graphs  Read Replies (1) of 4903
 
**OT**

Gary,

I agree, "Technical Analysis of Stock Trends" is the one reference you should own,
but there are a lot of other good books on TA now. The problem is that they are getting expensive. Still, you can make a list from browsing the bookstore and then order them at the library; my library takes two days to get just about any book.

There are TA vs FA arguments all over S.I. There are probably whole threads on the issue. I don't get involved in these debates because I feel that most of the TA bashing comes from those who don't even know how to use it, can't understand it, or are in denial. >:)

You said: >>I would like to think that seeing a trend in how a company does business or will change an industry (some kind of unique insight) will prevail in the market.<<

Yes, but how will you see when this trend is noticed by Wall Street? I'm in the camp that says it will show up on the chart before you hear anything much about it in the news. TA is a way to see the subtle changes in sentiment about the stock.

All I know is what works for me, and following technical trends works just fine.

Good Luck Trading!

E!
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