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To: Jim McMannis who wrote (4373)8/10/2000 6:45:45 PM
From: AK2004Read Replies (2) | Respond to of 275872
 
Jim

thank you, I liked that one:

"However, if you instead missed the 30 worst months over that period, your total return would be in excess of $1.8 million!!! To show the proper scale, the "red" bar would have to be 16-times taller than shown on your computer screen. All of which goes to prove that such mathematical "studies" are really just a nonsensical fudging with numbers... and investors' emotions."

Is that like saying but if you buy low and sell high..... :-))
I am not against TA but I went into amati, for example, when it was screaming sell on all charts and it doubled within couple of months and I bought amd few years back when it dropped to single digits and also was a screaming sell. I went into a number of companies that were a screaming buy and it is too painful to talk abot those..... :-))

But the best thing about confidence of ta experts is an ad for ta system for "only" around 40K that I saw few years back. It was said to be the greatest thing since sliced bread and supposed to be developed by best of the best. Not only they sell you a system but you also get guarantee that if you would not double your money based on recommendations within 10 years they would refund your money.

hey, sounds like a great deal:

1) if it is best of the best then invest your money
2) 2x in 10years is only ~7% annually
3) they keep interest if you loose = 40,000
4) would you find them in 10 years to claim the refund?

Regards
-Albert



To: Jim McMannis who wrote (4373)8/10/2000 7:50:56 PM
From: PetzRead Replies (1) | Respond to of 275872
 
Jim, right now, that "gorilla index" sure looks vulnerable. I'm not sure I want it to hold up or break down.

Petz