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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?

To: JC Jaros who wrote (24104)	12/6/1999 4:18:00 PM
From: Steve Dietrich	Read Replies (2) \| Respond to of 64865

Why do moving objects continue to move? Well let's just be glad that they do, otherwise this perpetual motion machine i'm working on would be nothing more than a sham or a pipe dream. These Sun bears keep growling and my portfolio keeps going up. I can live with that. So what are you looking at for your next January stock? The only value i can see in TA is that if enough people subscribe to it, it becomes self-fulfilling. Otherwise you'd probably do just as well having a monkey throw darts at your computer screen... Steve Dietrich

To: JC Jaros who wrote (24104)	12/6/1999 6:39:00 PM
From: fuzzymath	Respond to of 64865

Gotcha, yes I like physics. One of my professional investor friends said something to the effect of "there are an infinite number of profitable little niches in the market". Places where a technique will often work. It sounds like you've found one. No, you don't have to be a math major, you just have to search for a plausible pattern. Since physics/math and computers are my daily tools at work, I find it convenient to apply them to my analysis. As for individual stocks vs. indices: news plays too big and too sudden a role with individual stocks for you to apply technical methods as effectively. I am an end of day trader (I work all day!). So, I can't jump when the news comes out. I need something that moves more slowly, like a market index or my old conservative utilities. Thanks for the interesting reply! fuzzymath Kevin Farnham