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To: Tenchusatsu who wrote (166691)6/20/2002 1:57:13 PM
From: Jim McMannis  Read Replies (1) | Respond to of 186894
 
Ten,
RE:"These fly-by-night TA guys are something else."

TAers tend to be traders rather than buy and holders. Buy and holders are the religious ones that buy into the "I'm in for the long term" or the planners who told them stocks go up on average 9% a year but fail to ever look at a chart.

BTW, I stopped posting any trades a long time ago. It's just too easy for people to take pot shots by cherry picking. (see your last post). Also no one is ever right about the markets over a long period of time. What worked before make not work in the future. This has happened to me many times...all you can do is adjust. Sometimes the timing is off as well. If you want a sure thing, get a government job.

Jim



To: Tenchusatsu who wrote (166691)6/20/2002 2:25:47 PM
From: Robert Douglas  Read Replies (1) | Respond to of 186894
 
These fly-by-night TA guys are something else.

I've never met anyone who's been able to consistently beat the market with technical analysis.

These are they whom Ben Graham in his book "The Intelligent Investor" brands speculators as opposed to investors.

I've noticed that the shorter a person's time horizon for holding a stock the more strident their rhetoric. Ever hear Warren Buffett sounding anxious?