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Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?

To: Rational who wrote (50566)	3/18/1998 1:35:00 AM
From: Gottfried	Read Replies (1) \| Respond to of 58324

Sankar, I was in your no-TA camp until recently. It would be a mistake to expect TA to predict sudden changes in a company's circumstances - such as earnings shortfalls. Enough traders use TA and act on certain signals, such as the crossing of moving averages, to make it a useful tool - sometimes. I believe there are some government agencies that use TA to try to predict grain futures: ianr.unl.edu I borrowed this link from Ben Antanaitis' web site... pipeline.com (shameless plug <g>) I remain cautious, but do not dismiss TA. After using fundamental analysis to choose a stock, TA can help find advantageous entry or exit points - if the company does not pre-announce.<g> I would not try to persuade anyone to use one method or another. Too much depends on unknowable factors. The book Ken cited is of interest mainly because of its treatment of investor psychology. GM