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To: Eddie Kim who wrote (45607)	5/31/1998 8:10:00 PM
From: Chuzzlewit	Read Replies (3) \| Respond to of 176387

Academics claim that the market is unpredicatable. I think we all know this to be untrue ... Outside of a very few cases such as the January Effect we know no such thing. What you have done is called begging the question among logicians. You simply assume the truth of that which you are trying to prove. You did the same thing when you asserted in another post that everyone knows that DELL is overbought. Now you say my attack on academia is unwarrented? Why? You give no support or counter evidence. The historic data clearly shows that academics are wrong!! Here is a second area of faulty logic. You created a straw man by suggesting that the same academics who have held that a buy and hold strategy is superior to a trading strategy also concluded that the bumble bee can't fly. This assertion is untrue on two grounds. First, I know of no academic who claimed that bumble bees can't fly, do you? Second, by implication this is an ad hominem. Third, you assert that evidence exists without citing it. Eddie, I seriously suggest you spend a little time learning some logic. The point that I was making is that these authors assert that they have a record of beating the street, but the evidence simply does not exist. This is called proof by blatant assertion -- another logical no no! TTFN, CTC