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To: Judy who wrote (12310)7/19/1998 1:25:00 PM
From: Barbara Barry  Read Replies (1) | Respond to of 42787
 
Judy,
I would like to add my penny's worth about charts.
TA is only as good as the skill level and the experience of the person reading the charts.Then you have to add in a "cup" of discipline with your trading/investing.When I first started using TA (and even after about 5 years I feel like a novice) I was easily whipsawed in my trades...NOT GOOD!<VBG> And then you have to be sharp enough sometimes to understand how certain stocks trade as some I have found have their own "personalities". Developing a strategy and sticking to it,imho,is critical for TA to work.Sorry if I overstated the obvious.
Always enjoy your well thought out posts.
Regards,
Barbara



To: Judy who wrote (12310)7/19/1998 1:53:00 PM
From: Chris  Read Replies (1) | Respond to of 42787
 
thxs judy for your insights. as barbara said, which ever technique one uses, it is the discipline of carrying out the plan.

one thought that i read in MONEY magazine: (paraphrased): located in this month's issue. dont have it with me.

in a big correction or bear mkt, it took more than 7 yrs for the investor to break even from the losses.


kinda vague on how they got that number and what years studied, but that matches to some of the other analysis i've read.

the magazine also had some opinion on DELL as well.

anyone else with more info? or direct quote from the money magazine?