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Technology Stocks : Gemstar Intl (GMST) -- Ignore unavailable to you. Want to Upgrade?

To: shamsaee who wrote (3774)	9/1/2000 4:05:14 PM
From: LLLefty	Read Replies (1) \| Respond to of 6516

Shamsaee (with a nod to Jeff Bond): I well appreciate your very sensible view toward TA and couldn't agree more that it takes a concentrated and long-term study, as well as time, to gain confidence. Interestingly, I see you are based in the ME. I lived abroad for 44 years (ME for five) and bought my first stocks just before I headed for India in 1956. Things were different then. No internet, of course, no Paris Herald-Tribune, indifferent mail delivery, outrageously-priced international telephone calls. It was LTBH and I would be embarrased to tell you some of the stocks that I've held as long as four decades (i. e., Northrup). At 72, I should have most of my resources in bonds and/or real estate, but since retirement I've made the market (and race horses) my way of feeding a mild gambling addiction. That's how I backed into buying TVGIA with its TVG racing channel. Thought it might take off (doubtful) but now find myself with considerable GMST in the process. I think I'll hold it at least till I'm 100. Best regards. Len n.b. Jeff: Sorry, can't hire you. Beachcoming is solitary, the hours are terrible and the retun lousy.

To: shamsaee who wrote (3774)	9/1/2000 8:24:00 PM
From: unclewest	Read Replies (1) \| Respond to of 6516

hi shamsaee, The misgiving about TA by most people who have never taken the time to study it is that it can not overcome fundamental analysis i agree totally...i often recommend martin pring's "introduction to technical analysis". i am not a big time TA guy...but we have 2 available to our research group. their charting experience totals over 70 years. i consult with them regularly. FA is critical to selection...TA is critical to finding entry points to maximize profit. uw