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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?

To: Richard Estes who wrote (8853)	11/1/1998 12:26:00 PM
From: wiley murray	Respond to of 12039

Hi Richard: Thanks again for your help. Since my resources are limited, I am trying to utilize anything that is free.I was reading Ed Toppel book "Zen In The Markets" where he says I think that technical analysis is a waste.For arguments sake if that is true what do you use, just fundamentals? That is hard when you are coming from my space of trading options on a short term basis.Earnings announcements come to mind as one way for short term option plays.That is like dice throwing. When you are trying to make a lot with a little with options, you are coming from a very vulnerable space which I realize. I hope to somehow hit it big enough to be in a position to trade stocks on a short term basis. That way I do not have to worry about time decay like with options. Thanks again.