SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Bobby Yellin who wrote (15349)8/5/1998 2:06:00 PM
From: Ray Hughes  Read Replies (1) | Respond to of 116779
 
Hi Bobby,

Right on! Trend following, momentum following, relative strength following. Is there a common thread here? "Following" as many technical analysts do inherently means being a little late always. Inherently late. So we should not beat up on the followers - they don't pretend to be more than followers.

Its the fundamentalists (me included) that purport to "foretell" the future not follow it. So, fie on the fortune tellers if they can't get it right - they have the gall to pretend to be smarter so they should bear more responsibility.

RH



To: Bobby Yellin who wrote (15349)8/5/1998 3:10:00 PM
From: Roderick Francey  Read Replies (1) | Respond to of 116779
 
Food for thought, Bobby. No analyst is perfect, I agree. I just find the abruptness of his actions somewhat disconcerting.