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To: QwikSand who wrote (27770)2/15/2000 4:28:00 AM
From: Steve Lee  Respond to of 64865
 
TA, like many other skills/tools works in the right hands.

As an analogy that Cheryl will appreciate<g> some people can't drive but that doesn't mean that cars don't work.

William O'Neil has done a lot of work with empirical studies that he has documented in his book "How to make money in stocks". It explains how accumulation and distribution affect the future action of a stock. Of course, he looks at a lot of other factors too - and so do I.



To: QwikSand who wrote (27770)2/15/2000 2:11:00 PM
From: Steve Lee  Read Replies (3) | Respond to of 64865
 
Did you buy any RMBS on the TA rubbish I spouted yesterday? Up $30 so far, about 25%.

I would thoroughly recommend RMBS. It is good for a price of several hundred in my opinion. I don't know if it is the news about Willamette at 1.5GHz and the "optimized for Rambus" comments at the IDF today, or if there is some other news that hasn't hit the wires yet. But the charts knew it was gonna happen!!!