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To: Chuzzlewit who wrote (44410)5/22/1998 1:42:00 PM
From: Boplicity  Respond to of 176387
 
Well, blah, blah, blah, That said DELL is going into the 70s, hard to believe, but could happen next week.

Greg



To: Chuzzlewit who wrote (44410)5/22/1998 1:43:00 PM
From: Chris  Respond to of 176387
 
thank you for your post.. i dont want to get into any argument or anything.. good luck with your dell..



To: Chuzzlewit who wrote (44410)5/22/1998 2:23:00 PM
From: Jim Patterson  Read Replies (2) | Respond to of 176387
 
RE : TA is really a bunch of hooey

Chuzzlewit,
At some point and time, you have sold a stock,
If not then nothing matters to you, as you will probably never sell a stock.

List the reasons you sold the stock.
First set.
1) it went down.
2) It went up as much as I thought it would.
3) It went sidways for a long time and I am tired of it and I want to buy more DELL.

Second set.
1) It is sunny today.
2) It is rainny today.
3) It is supposed to be cold tomorrow.

Third set
1) I had a vision and it said sell the stock.
2) My wife had a vision and she said sell the stock.
3) My dog killed a squrill, it was an omen.

Fourth set.
1) An analysts said sell this stock because it won't go up any more.
2) Company said things are going to get awful
3) a competing company said things are going to get terrible.

If you used reasoning similar to the first set,
then you are applying TA in its crudest form.
If you used reasoning similar to sets 2-4, then good luck.

Jim



To: Chuzzlewit who wrote (44410)5/22/1998 6:43:00 PM
From: Geoff Nunn  Read Replies (1) | Respond to of 176387
 
Bravo, Chuzz, that is a fine post. I believe one of the reasons the
Dell thread excels over most others is the efforts of posters such as yourself, which force some of our fellow threadsters to think twice before posting junk. There is enough TA garbage on other threads, we don't need it here.



To: Chuzzlewit who wrote (44410)5/22/1998 6:46:00 PM
From: gc  Read Replies (7) | Respond to of 176387
 
You are quite naive if you claim TA is useless. I got out of ALL of my DELL position at 95. The chart, again, told me to do so.