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To: s.pecunius who wrote (3484)8/8/2000 3:13:23 PM
From: Boplicity  Read Replies (2) | Respond to of 13572
 
<g> It's important to know how investors have felt about a stock in the past during market down times, after earnings, during rallies and how they perform compared to their peers. Since pictures are worth a thousand words, why not using something that you can look at to sum it up for you? I do not like to get to complicated with my chart reading, one can have every possible line and indicator going, it's no wonder some chart readers end up as traders. I use charts as scan, if they past the muster, I look into why the stock is moving the way it is. I'm not one to say all news is priced in a chart either, so research is very important. In other words, the reason behind the moves is way more important then chart. In sum, charts are tool, not a way of life for this investors.

re: LTB&H

I'm all for long term holding, my cost bases in CSCO would make you choke, for some people it's must! I'm also into account preservation, so I don't delude myself or wrap myself with the warm a fuzzy blanket of long term holding. I also like to have my money working, not sitting while I wait.

Greg