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To: Khris Vogel who wrote (48866)2/26/1998 9:51:00 AM
From: Jim McMannis  Read Replies (1) | Respond to of 186894
 
Khris,
RE: "To paraphrase Engel, if investing was just math and charting,
every math wiz out there would be a millionaire. Of course, we
know differently."

I guess Engel is the last word on everything? Wow, that sure simplifies your life doesn't it?
Can you even give us a definition of Technical Analysis?

Jim



To: Khris Vogel who wrote (48866)2/26/1998 1:20:00 PM
From: PAUL RUBIN  Respond to of 186894
 
All,
Kramer had some interesting thoughts on TA on CNBC yesterday. He gleefully explained that the "idiot" (his words) TA analyst on the show the day earlier had recommended selling IBM if it went to 85, but buying it if it went over 105. Kramer's words were, "I have made a bundle buying stocks this idiot sold at 85, and selling them back to him at 105." Pretty neat summation of what a smart Wall street guy thinks of TA.
Paul


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