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To: Linda Kaplan who wrote (1062)	10/13/1998 6:33:00 PM
From: gonzongo	Read Replies (1) \| Respond to of 1267

Dear Linda: I have long ago given up predicting the market- leaving that to the Ralph Acampora's of the world. Clearly- few get it right. The benefit of TA (and mind you I am not much of a pattern watcher) is that one can see similar indicators in similar situations do similar things. Accordingly, one can improve one's odds. Hardly anyone is more than about 70% right on picks- Generally a 55% winner with careful stops can do better than the indexes or about 98% of the world. So if a "predictor" is "dead wrong" but uses such patterns to help his/her odds- he/she can still be right. TA is not a perfect predictive science. However it can take one ahead of the fundamental game which basically says- this is what the stock price should be.... Few fundamentalists would be very close to Yahoo's price or AMZN etc. The tone of your side of the discussion is such that I will not follow along very far. I just felt it appropriate to state my thoughts-as you have stated your own. I wish you well and hope that kindness is a leading indicator on your charts. gonzongo