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To: Mama Bear who wrote (3703)12/5/1997 9:18:00 PM
From: Don Westermeyer  Respond to of 27307
 
>Did the TA identify, or cause the run?

Interesting you say that. There have been many studies that concluded that TA was not effective. IMO recently so many traders use TA that it may have some influence in a stock direction short term. I actually give TA more credit than I use to.

Now all you have to do is predict the predictors!

I've been burned enough on market timing that I don't put much faith in it anymore (except when I get into a gambling mood).

:)


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