Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: lbs who wrote (42618)	12/17/1997 10:20:00 PM
From: Mary Cluney	Read Replies (5) \| Respond to of 186894

lbs, >>>you are in way over your head.<<< IMO, Todtman's suggestion that an analysis of data from the past ten years could somehow predict Intel's future is at best an exercise in futility. At its worst, it is deception. I have read somewhere (I don't recall where - but I have kept notes) that technical analysis " seem to say that mass psychology tends to reflect itself in patterns which repeat themselves, so that it might be possible to predict future prices based on past trends." There are, I believe , studies that, have conclusively proven that : 'The correlation of past price movements with present and future price movements turns out to be near zero. Any dependencies are so small that anyone who pays commissions cannot hope to profit from them. " I have not seen these studies myself, but it sounds so intuitively obvious to me that I don't feel compelled to research it much further. If positive correlations did exist, they would have to be kept a secret - or else, the correlations would disappear. Regards, Mary Cluney BTW, I don't think you should be giving any stock advise. That is only my humble opinion.