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Strategies & Market Trends : Technical Analysis - Beginners

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To: kilo_watt who wrote (10370)	5/28/1999 9:38:00 PM
From: Bob Jagow	of 12039

Even if I conceded [I don't] that "trend identification is not terribly difficult" , to 'find stocks in the middle of a strong trend is rather tougher. We were in the middle [or somewhat before the middle, if the trend continues] of a strong upturn in 1991, but we couldn't know [nor act upon] that till now. I thought it appropriate to point that out to TC, since he teaches philosophy :) Re short-term wiggles vs. long-term wiggles, I think it depends on the value of the game -- it is easy to do well at short-term calls if right ones count for more than wrong ones. Bob

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