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Technology Stocks : All About Sun Microsystems

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To: Christopher who wrote (13024)	1/3/1999 11:07:00 PM
From: Dale J.	Read Replies (1) of 64865

RE: TA tells you the whole story about a stock in less then two minutes. Christopher don't hurt yourself. An accident just waiting to happen. What if the flag gets caught in the wind?? Haha Just kidding? Actually I believe there is something to momentum, and there sure are a lot of momentum player out there. re:Technical analysis, the prediction of price movements based on past price movements, has been shown to generate statistically significant profits despite its incompatibility with most economists' notions of "efficient markets."(Federal Reserve Bank of New York, C.L. Osler and P.H. Kevin Chang, Staff Report No. 4, August 1995.) The Fed was probably refering to currency trading. The fed keeps a close watch on currency exchange rates and reacts as it sees fit. Currency exchange rates can have a important influence on the economy. Dale

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