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Technology Stocks : Siebel Systems (SEBL) - strong buy? -- Ignore unavailable to you. Want to Upgrade?


To: Bruce Brown who wrote (3729)8/10/2000 3:38:07 AM
From: muckraker71  Read Replies (1) | Respond to of 6974
 
I'll weigh in here -

The value of TA is very limited, first, because fundamentals change over time, and second, because investor behavior itself isn't always consistent even when there are no obvious changes in fundamentals (sector rotation, macro-economic data influencing expected returns on stocks, etc.)

I spent some time looking at TA, and it's like Astrology; it makes for nice conversation at cocktail parties but it's not reliable in the long run. I know many successful investors who rely solely on fundamentals, I know no successful investors who rely soly on TA.



To: Bruce Brown who wrote (3729)8/10/2000 6:58:05 AM
From: allen menglin chen  Read Replies (1) | Respond to of 6974
 
Greg's batting avg is not the best -- he lost his SI TA Award after getting nominated.
Subject 36511
I like your picks on your portfolio, but u r 2 young on SI :).



To: Bruce Brown who wrote (3729)8/10/2000 10:33:27 AM
From: Boplicity  Read Replies (2) | Respond to of 6974
 
I'm a legend in my own mind. LOL Been doing this a long time, most likely the reason I'm bald. Retired when I was in my early 30's so long ago I have forgotten the age it was. <g> I am now 45. Been an investor for 25 years. Batting average is not too important, heck I could be wrong more then 50% of the time. What is important is not to let you mistakes get out of hand, and to take care of them pronto, especially if you like to play the short side of a trade, and to let your profits run. If you have no plan you are doomed. I'm seem to be doing ok. My family is happy, which is way more important then what I do for a living. Although my wife would like to see less of me, since I'm home all the time, I believe I'm on the trading block as I type. (The gals might be liberated, but they still want the house to themselves) LOL! You have pleasant day, and have good one on me, if I wrong. <g>

Curve Ball Greg.