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To: Glenn D. Rudolph who wrote (61435)6/9/1999 1:30:00 PM
From: Sarmad Y. Hermiz  Read Replies (3) | Respond to of 164684
 
Glenn,

Jan, William and HJ should form a hedge fund. William will buy on the way up, HJ will short on the way down, and Jan will trade both ways. For sure they'll beat Cramer's fund.



To: Glenn D. Rudolph who wrote (61435)6/9/1999 1:40:00 PM
From: Jan Crawley  Read Replies (1) | Respond to of 164684
 
Now if i could just do what you do so well with predicting swings. You are not lucky. You have talent.

Glenn, it was much easier to repair a $65K loss. I don't make millions and will never lose millions, that's the only difference.



To: Glenn D. Rudolph who wrote (61435)6/9/1999 2:39:00 PM
From: Rob S.  Read Replies (1) | Respond to of 164684
 
Glenn, I think long term that talent in investing comes from "90% perspiration and 10% inspiration". The good thing is that skills, such as TA, can be learned. The bad thing is that people look for quick answers when they start to use these tools and tend to use TA to explain their built-in prejudices. I studied stock activity and charts and indicators for a few years (and made and lost money in the process) before I gained confidence in how to use it effectively to a fair percentage of the time. Even then no "system" as complex as investing can ever be figured out so well as to give you the ability to be right anywhere near all of the time.