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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?


To: maceng2 who wrote (41587)8/9/2000 4:53:26 PM
From: da_cheif™  Read Replies (2) | Respond to of 42523
 
pearly button....put your thinking cap on about breadth....prices can go straight up and breadth go straight down at the same time...wat??? u say??? impossible....now close ur eyes....heres an excercise for ya....take 30 stocks....the majority go up 5 points on monday....then spend the next 5 days going down an eighth a day...then in one day up 5 points...then 5 baby steps back again....now you see how it works...breadth on a cummulative basis tells you nothing ..do your homework...in 1994 the dow took off and the ad line of the dow 30 colapsed for this very reason......happens all the time....



To: maceng2 who wrote (41587)8/12/2000 1:52:01 PM
From: maceng2  Read Replies (1) | Respond to of 42523
 
Ok, so to recap what we have tentatively said so far...

(1) All Technical Analysis is BUNK

(2) Technical Analysis seems to have been dreamed up in
60's by hippies (probably on drugs) with nothing better to do on their minds,

source material..

Message 14162150

siliconinvestor.com


-g-

pearly