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To: stock_bull69 who wrote (1897)8/27/1999 1:40:00 PM
From: wbASSETt  Respond to of 3418
 
We're # 2 on SI keep posting eom



To: stock_bull69 who wrote (1897)8/27/1999 1:42:00 PM
From: im a survivor  Read Replies (1) | Respond to of 3418
 
<<Although I'm not a TA trader I do give it credence in most scenarios.
>>

Whew...good grief..me either, thank god. Same as you......I am not a TA trader at all, but I still look at the charts and other data as it never hurts to have as much info as possible.

What I find funny about charts in particular.....they are about as useful as these idiot analysts and their upgrades and downgrades. They upgrade after something has risen...they downgrade after something has dropped. Charts are very similar.....They don't start turning negative until after the negativity has started. They don't go positive until the rise has begun. What would be excellent is if these high paid analysts and highly trusted charts could tell us these things BEFORE they happen. What good does a downgrade do after the fact. I think Lehman just downgraded EGRP. Well they upgraded it when it was at $70 or $80...now it's at $26 and they downgrade it. Go figure....seems to me they should have downgraded at $70 and upgraded at $26, but what the hell do I know??? My portfolio and it's 100%+ Year to date gain doesn't hold a candle to those fund managers and their 7.5% YTD return !!

Good Luck to ya