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To: Lachesis Atropos who wrote (74)	7/25/1998 5:06:00 PM
From: Phil(bullrider)	Read Replies (1) \| Respond to of 253

lach, Rather than attack me with your gibberish, please go back and read all of the posts on this thread, and you will have a better understanding of my feelings. To repeat the main point, I am not a day trader. Now read all of the posts, and if you still have an intelligent question, I would be glad to attempt to answer it. If not, please take your day trading questions to another thread. Good luck, and have fun, Phil

To: Lachesis Atropos who wrote (74)	7/26/1998 3:36:00 PM
From: Reginald Middleton	Read Replies (2) \| Respond to of 253

<Neither work as published in books.><If one bought and held Microsoft, no type of analysis would be able to out-perform it -- FA or TA over such a long period of time.> I beg to differ. If one bought MSFT and held it (assuming you bought and held as a result of research and not following a trend), you performed FA. The problem with FA is that most lay people (and many professionals) do not understand the accounting and economic aspects of the analysis. Therefore misinterpretations of the data occur and wrong moves are made. A good example of FA for Microsoft (which was actually just the result of reading the footnotes and understanding them) can be found at rcmfinancial.com