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To: Auminer who wrote (8396)3/14/2008 1:08:51 PM
From: RonMerks  Respond to of 50503
 
Re- "History does not tell you the probability of future financial things happening." Warren Buffet

It's not the TA that scares me. It's not history that scares me. And it's not the fundamentals that scare me.

It's that ALL THREE are pointing toward the same conclusions!

"History - learn from it, or be destined to repeat it; the choice is yours."
-- unknown

Ron



To: Auminer who wrote (8396)3/14/2008 2:34:50 PM
From: Fiscally Conservative  Read Replies (1) | Respond to of 50503
 
"History does not tell you the probability of future financial things happening." Warren Buffet

Does not sound like Buffet.

TA,which far too many traders and market analyses use is a form of predictive markers for future eventualities. Granted nothing is guaranteed although TA(Technical Analysis) has been employed in predicting financial market moves for over 75 years. FA(Fundamental Analysis) can work well too although when most market trading players(money movers) are using TA the market's predictive reactions using TA far outweight the use of FA simply because more money is moved around based on TA(Technical Analysis)principals.

I too like Peter Lynch. His predictive stock abilties,although, came at a time when this country was first emerging from a long bearish winter back in the very early 1980's. Throwing darts at a wall laden with various co's could have proven quite effective too. In 1983 the Magellan Fund was up 104% in one year if my memory is accurate. Peter Lynch's record speaks for itself.

You pose some provocative thoughts.



To: Auminer who wrote (8396)3/14/2008 5:34:46 PM
From: maceng2  Read Replies (2) | Respond to of 50503
 
fundamentals ?

I don't know how an index like the DJ INDU can keep going up in the face of the fundamentals.

and it doesn't seem to be.