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Technology Stocks : RRRR: Rare Medium Group (soon to be) formerly ICC
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To: Jibacoa who wrote (46)1/14/1999 12:18:00 PM
From: Mahatmabenfoo  Read Replies (1) of 1150
 
> average would be at the levels you mentioned
> referring to would not be in an UPTREND

But I didn't refer to any "levels", not even in jest. One of my biggest complaints about TA is that it often sounds very important (hey, all caps: UPTREND!) without anything behind it, except what: voodoo?

Whatever the value of TA in an established industry in ordinary times, I doubt its use in a market that is the greatest bull in history, and in an industry that is new and has a shakey record of profits.

But I'm glad you don't care if I make fun of TA. Thank-you for
not caring, as the expression goes. Or should.

- Charles
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