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To: Chip Anderson who wrote (746)5/16/1998 9:53:00 PM
From: vibaby  Read Replies (1) | Respond to of 3376
 
Chip, that stuff is old news. Technical analysis does not work. Never has. never will. It's superstition, just like astrology. It makes you THINK you have a handle on something that's unpredictable. It's a random walk. There are no inefficiencies in the market. You buy a good company and you hold it. Maybe for 3-10 years. Day traders are losers. Day traders never have 10 baggers.

Again it's only my humble opinion.