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Technology Stocks : America On-Line: will it survive ...?

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To: William H Huebl who wrote (1906)2/25/1997 5:21:00 PM
From: Joel Sternberg   of 13594
 
>Hi Joel,

<The world according to Joel is that followers of self-fulfilling prophecies, aka technical analysis, should
have their very own sandbox in which to play.>

I've always been fascinated by psycho-babel.

And I thought all you ever needed to know you learned in kindergarden... well, maybe you're right.

Let's hear more of the world according to Joel... and thanks for being a good sport. I enjoy trading
one-liners with you... for whatever they might mean.

Regards,

Bill<

I am not sure why you take it as a personal insult that I pay no mind to technical analysis. It is just this wee matter of TA having been almost thoroughly discredited. Normally, I will not comment when others opine about TA, because they do not use it as their only tool. But, your coming along saying that today's news is fully incorporated, but that stock prices from the last year haven't been, is so inane as to warrant mention. Yes, it does seem as if YOUR understanding of financial markets WAS indeed learned in kindergarten.
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