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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: HairBall who wrote (78081)	6/6/2001 12:59:54 PM
From: Uncle Frank	Read Replies (1) \| Respond to of 99985

>> I find statements like the one above is a telling sign of someone that is not very accomplished at using TA or never tried very hard if at all to become accomplished. I find both ta and market psychology to be of interest, though I rely exclusively on fa for my investing decisions. That's largely because of the time frame of my approach. Imo, the relevance of ta is indirectly proportional to the duration of the investment. >> were you being disingenuous last September when you asked me to proffer my analysis of NTAP on the NTAP thread back when many on that thread thought it was in clear air to stay? Not at all. I think you are one of the best at ta; your analyses are well constructed and your conclusions are objective. They provide excellent insights into short term tendencies. But I firmly hold to the belief that over the longer term, fundamental analysis is the superior predictive tool. Regards, uf