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To: Chris who wrote (12302)7/18/1998 9:30:00 PM
From: Robert Graham  Respond to of 42787
 
Perhaps the "Warren Buffet" style of holding "forever" may not benefit as much with charts. But I sure could of used this knowledge in my investment past where I was an intermediate term investor of 6 to 9 months.

Judy has discovered a way with charts that works very well for her as part of her approach to the market. And from her perspective I can see why she thinks that charts are not for the investor. They do have their very useful applications to short term trading which appears to be a more "natural" fit. I agree here. But I agree with Chris that charts still can have an important place in the toolkit of the longer term investor, even though FA will have a much more dominant role in investing compared to stock trading.

Comments anyone?

Bob Graham



To: Chris who wrote (12302)7/19/1998 12:05:00 PM
From: Judy  Read Replies (2) | Respond to of 42787
 
Clarification ... I said charts were not particularly useful for investing. Note the word PARTICULARLY, which means more distinctive among other indicators or tools.

That charts are not more distinctive is not the same as saying they are not useful. Historical supports and resistances from charts can provide sights for investing.