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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Gottfried who wrote (38524)10/19/2000 10:52:06 AM
From: Ian@SI  Read Replies (2) | Respond to of 70976
 
Any reasonable TA would have gotten us out of AMAT near 70.</i.

why not at 110 within $5 of the high.

If one chooses to only weight the Technicals, why focus on this sector? Fundamentals relating to growth are irrelevant.

Just search for a nice chart pattern and pile in, on or whatever.

As I said in my first post, it takes differing opinions to make a market. I need the TA guys to allow me to make a buck. e.g. I bought MSFT on Monday despite a horrid chart that didn't appear to have any bottom. That's a 17% return with today being settlement day. Smarter guys than may are up over 20% in the same time.

If everybody adhered to TA, there'd be only two stock prices:

$0.00 or
$ Infinity.

Disrespectfully yours, :^)
Ian.