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To: philv who wrote (9714)4/9/1998 9:45:00 PM
From: bobby beara  Read Replies (2) | Respond to of 116764
 
Phil, I have come to believe that human behavior is represented in charts. And human behavior is repeatable and rhymes.

It may have been Henry's Auto's in the 20's

It may be Gate's and Dell's computers in the 90's

but the end result of boom and bust is the same.

I think the xau may be the easiest index to t/a because it is based on a commodity.

When Dow 10,000 hits, the boom will go ka-boom.

This time will be much different.

Carpe diem.



To: philv who wrote (9714)4/10/1998 2:37:00 PM
From: Tom Byron  Respond to of 116764
 
re: technical analysis and the xau. the world is filled with a torrent of words; especially more so with the invention of the computer (polls, surveys, data bases, etc) and even more so with the coming on of the internet. So I run back to my charts where all the words end up in the "prices" at the end of the day, weeks or month. Words are enjoyable to read in the meantime (between the closing and the opening prices). Controlling forces??? I don't know. It seems that one has enough just to try to control one self. Why take on others???