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Gold/Mining/Energy : PYNG Technologies

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To: Ward Nicholson who wrote (3467)	3/13/1999 4:19:00 PM
From: GWD	Read Replies (1) of 8117

Hi Ward I never stated that you were not correct last year,but if it makes you feel good,when Pyng drifted down from $6.70 to $3.00 you were obviously correct,and made some money doing it,which is what successful investing is all about.To enter into a debate of the pro's and con's of TA and fundamental analysis would be a waste of time.However to quote Alexander Elder"The biggest problem in charting is wishful thinking.Traders often convince themselves that a pattern is bullish or bearish depending on whether they want to buy or sell." Regards Jerry

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