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To: tejek who wrote (1749)9/15/1999 11:09:00 AM
From: Ian@SI  Read Replies (1) | Respond to of 3661
 
Ted,

I'm not a believer in TA to pick companies.

For that, fundamentals only.

TA may be useful some of the time to pick better entry / exit points than pure fundamental analysis alone.

I just rank TA right up there with economic forecasts from Ed Yardeni based upon his Y2K outlook. No that's completely unfair. TA is much better than that. ;-)

Ian.



To: tejek who wrote (1749)9/15/1999 7:02:00 PM
From: Philip W. Dunton, Jr  Read Replies (1) | Respond to of 3661
 
Ted, Yes, I see the triangle on the weekly chart too. I am a bit disappointed on a TA basis that we haven't had a breakout from the formation. Frankly, I think it should have happened earlier. Further, to watch the rest of the group rally while MTSN struggles in this consolidation phase is a bit frustrating. We need a pop soon. Now that we have 4 or 5 brokers with buy recommendations, I had hoped there would be better sponsorship. Phil


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