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Non-Tech : Amati investors
AMTX 1.425+5.2%Dec 18 3:59 PM EST
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To: donald sew who wrote (8026)1/5/1997 10:27:00 PM
From: j rector   of 31386
 
To ALL,

I havent posted much lately as I feel this thread is
disintegrating into alot of TA talk. Could I suggest that
the TA people move over into another thread? Perhaps
TA of AMTX stock. When the infamous Jim Roof came over here
about 6 months ago there was a very spirited debate about the
merits of TA.

My own opinion of the subject is that it's worthless--we actually
do alot of stock analysis in a class I teach on time series analysis
trying to determine whether there is any predictability in
the movement of stock prices. What we invariably find is that
past stock price movements do not predict future price movements.
So....... investors beware--all this talk about technical analysis
may be absolutely worthless. In this thread, at least, I would
prefer that discussions focus on fundamentals.
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