SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : C-Cube -- Ignore unavailable to you. Want to Upgrade?


To: Don Pueblo who wrote (44491)9/5/1999 2:24:00 PM
From: Dominick  Respond to of 50808
 
TLC:

Is he implying that stocks picked by fundamental analysis to go long, always go up?

A major benefit of TA is timing. There are bad times to buy good stocks and good times to buy bad ones.

How good one does with either method lies in the profit and loss statement at year's end.

Happy Trading,

Dominick



To: Don Pueblo who wrote (44491)9/5/1999 7:20:00 PM
From: Black-Scholes  Read Replies (3) | Respond to of 50808
 
"that it predicts price movement to a degree that can be mathematically correlated to percentages greater than random data is correlated; can show it on paper, for anyone to see, can do it consistently, over and over, every day..."

Mr. TLC, May I make a STRONG suggestion to you? If your method is actually able to CONSISTENTLY predict stock price movements with a positive correlation greater than "random noise" price movements (and when I say "positive correlation", I mean a "T" statistic greater than 2 in a regression analysis), submit your method to the Nobel Committee in Sweden immediately and pick-up a quick, cool million for your efforts.

Until you are able to do that - or anyone else for that matter - you will continue to be labelled a "flake" by the academic community for pushing TA.

There is nothing to argue about that statement. And my "random walk" post remains standing - uncontested.