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To: Lee Lichterman III who wrote (6572)2/12/2001 12:37:14 AM
From: EnricoPalazzo  Respond to of 10934
 
Who in their right mind can't do the simple math that you could have sold back then and turned around with the same amount of money and now own 3 times as many shares? Denial isn't just a river........

As original and informative as these "TA roolz" vs "TA sucks" debates are, maybe we can give it a rest. No one's mind is going to be changed--but everyone will suffer from thread bloat.

I'm more than willing to listen to folks propound the TA arguments against NTAP (I'm a FA-er myself); it's their thread too. But I'm really not interested in having the merits of TA preached to me. I imagine I'm not alone here.

Ethan



To: Lee Lichterman III who wrote (6572)2/12/2001 12:39:46 AM
From: Uncle Frank  Respond to of 10934
 
>> I think that saying Buy and Hold beats TA trading is just rationalization myself. Who in their right mind can't do the simple math that you could have sold back then and turned around with the same amount of money and now own 3 times as many shares?

Warren Buffett?

What do I win <gg>?

uf



To: Lee Lichterman III who wrote (6572)2/12/2001 12:42:32 AM
From: kumar  Respond to of 10934
 
turned around with the same amount of money and now own 3 times as many shares

Err... dont forget Uncle Sam's share of the pie.



To: Lee Lichterman III who wrote (6572)2/12/2001 6:42:39 AM
From: DownSouth  Read Replies (1) | Respond to of 10934
 
Who in their right mind can't do the simple math that you could have sold back then and turned around with the same amount of money and now own 3 times as many shares?

Who in their right mind can substitute the past tense with the future tense and be right most of the time with most of the money? Your hindsight is brilliant but of no use. THe only lesson is "buy low, sell high".

Thanks for the "I told you so".

I suspect that your flaming was a result of a rejection of your trader mentality versus the LTBH mentality that tneds to dominate this thread.