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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: Gary who wrote (636)8/17/1998 4:17:00 PM
From: Bill Murphy  Read Replies (1) of 81050
 
Gary,
Nothing wrong with chart analysis. The market cannot go up if the charts always looks lousy. Personally, I agree with you. If you have the talent to be a good technical analyst and combine it with a good understanding of the fundamentals, you have the best chance of making money over a period of time. I came into the commodity arena under all brilliant fundamentalist economist types. One was Dan Ritchie, a brilliant man who pined over little details. He is now the Chancellor at Denver University. The second was Ray Dalio of Bridgewater Associates who is also a mega success, especially in the fixed income area. When I met him we were doing cattle, feeder cattle, corn arbritrages. Both of these guys stressed fundamentals but respected the technicals so as not to be hit by a truck.
Bill
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