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To: GVTucker who wrote (173243)3/4/2003 3:47:16 PM
From: The Duke of URLĀ©  Respond to of 186894
 
:)



To: GVTucker who wrote (173243)3/4/2003 7:14:27 PM
From: Amy J  Respond to of 186894
 
Hi GV, RE: "Many, many people, institutional and retail alike, make investment decisions based on candlesticks, moving averages, head and shoulders, pennants, support, resistance, and such, even though there are volumes of evidence that prove they don't work. I am thankful that this and other irrationalities continue to exist, otherwise it would be a lot tougher to make a living in this market. "
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You might even find a highly trained person confuse buying cycle patterns or economics with candlesticks.

Regards,
Amy J



To: GVTucker who wrote (173243)3/4/2003 11:10:08 PM
From: Jim McMannis  Read Replies (3) | Respond to of 186894
 
RE:"I am thankful that this and other irrationalities continue to exist, otherwise it would be a lot tougher to make a living in this market."
Irrationalities like..."buy and hold" and watching 80% of your retirement evaporate?
Even someone looking at chicken innards had a chance to get out. A "buy and holder" had NO chance. "Buy and hold" is the biggest lie yet laid on the "investing" public buy anyone from financial advisors, brokers to mutual fund companies.

Jim