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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?


To: Jim Roof who wrote (307)3/10/1998 3:57:00 PM
From: Bill Wexler  Read Replies (2) | Respond to of 4634
 
<<Do not try to tell me that price and volume have no bearing on a stock's price or that how a stock has traded for the last 3 months has no bearing on how it will trade now.>>

That's exactly what I'm telling you because it is the truth. There is absolutely no scientific evidence which supports the hypothesis that chart analysis will yield some knowledge of future prices. That's why you don't hear about any rich T/A guys.