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Technology Stocks : Business Objects (BOBJ) - any followers??? -- Ignore unavailable to you. Want to Upgrade?


To: Samuel J. Bennett who wrote (512)3/15/1998 11:54:00 AM
From: SKP  Respond to of 1150
 
Samuel......First of all I had 8 years on the sell side before I started my hedge fund 3 years ago. My 3 year average return for the fund is 42.5%. Not the best out there, but not bad for my first 3 years. During my stint on the sell side I sat on a trading desk, I'm very aware of how market makers trade.(it frusstrates me to see some of the uneducated comments regarding market makers on this site.)I have never used TA for any of my buy and sell decisions. Charts just don't matter. The bottom line is, the price of a stock is based on what is happening at the underlying company which will inturn be reflected on the chart. The point is, charts reflect events. Charts don't create events.

PS: If I have anything worth sharing, I will pass it along. I'm just not that comfortable puting rumors, recomendations etc. out on a web site.