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Technology Stocks : Ciena (CIEN) -- Ignore unavailable to you. Want to Upgrade?


To: ted who wrote (4745)10/30/1998 4:58:00 PM
From: hoyasaxa  Read Replies (3) | Respond to of 12623
 
TED! I work down the road from LTCM. They used computer models largely based on technical analysis - and their "intuitive feel" of the market. They, like you, gamble. Although they based their gambling on a system - a faulty one but a system- whereas you appear to base yours on vague assertions. Fundamental analysis, on the other hand, is practiced and preached by Warren Buffett, who, I'm sure you realize, has had a much better record.
Would you buy a painting at an art gallery for whatever price your buying stocks for without checking to see if the signature was forged, if the paint would chip off in a week, if it went with the other things in the house, if it had a track record of appreciating in value, etc? One more question: have you ever taken an accounting or finance class?