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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: NOW who wrote (45585)	7/14/2002 4:58:28 PM
From: Haim R. Branisteanu	Read Replies (2) \| Respond to of 209892

Changes in the way of doing business changes the macroeconomics picture and as such P/E of a company based on today money velocity, alocation of capital. The improved ability to forecast and preserve capital makes the changes between short term TA and long term TA spanning over 5 to 10 years. ............ besides that TA is a Tea Leaves type of analysis with a statistical success not a science and for sure not better a prediction toll as those of mainstream economists ........ TA works as compared with economist prediction for the simple reason that both approaches are wishful thinking and hopes Hope I that I am clearer now