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Biotech / Medical : XOMA. Bull or Bear? -- Ignore unavailable to you. Want to Upgrade?

To: Robert S. who wrote (6979)	8/25/1998 5:41:00 PM
From: Tharos	Read Replies (1) \| Respond to of 17367

Thanks, But it is easy to disprove the random walk theory with information gained from an economics 101 class. It is also clear that no method, technical or fundamental, is 100% accurate. It is clear that probability does exist and that from 300 years of use candlesticks do indicate probability. So do other technical and fundamental indicators such as CANSLIM, support & resistance lines, Fibonacci studies, and star charts, et.al.. As with all probabilistic functions, results will fall in and outside of the mean. Its like stop lights. There is a probability that if you run a red light, you will be hit by a car coming from the other direction. The simple fact that I happened to stop a a light and you post a note that "Tharos stopped at a light and no cars came" does not mean that I am going to start running red lights to satisfy some dysfunctional displacement problem you may be experiencing at this time. The US Postal Service has a nice Coloring & Activity Book and it comes highly recommended by my daughter, but I suggest you read anything you like.