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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (67610)	9/13/1999 1:20:00 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 132070

mike, not even i can defend the ta mantra of buy this stock after it moves up $5 or sell it short after it falls $5. that is super dumb. it just seems to me that all time highs are arbitrary numbers. why not 50 cents before? why not $2? the stock is still overvalued. it just seems the all time high criterion isn't all that much different than watching a chart and buying below the 52 week moving average on a stock one feels is undervalued. ok, it is definitely a mix between fa and ta with fa being more dominant, but it still seems to me to be a mix.