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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Richard Nehrboss who wrote (35611)	11/11/1998 12:22:00 PM
From: Mama Bear	Read Replies (1) \| Respond to of 132070

"I'm curious if you noted the professional challenge, that Mike talked about, that went unanswered by the top TAs, why do you still hold onto the idea?" I guess because of my brokerage account balance, and it's relation to my use of TA. I have heard a lot of people tell me I can't do that which I do for a living. Should I believe them or my own eyes? I'll put my ROI up against that fund managers as well, although it would be a fair fight. After all, I can put more than 5% of my account into a single trade. "If we could setup parameters without too much effort, or if my payoff on the expected win was high enough, I'd be very willing to go ahead." Hmm, I have a policy that I place all of my bets with my broker. It's probably something that couldn't be quantified. I suspect you'll object to my use of if/then parameters, and demand that I perform like a psychic. I'm not sure what most disbelievers are looking for in TA. I'm perfectly happy with 'if DELL crosses 69 1/4 (the former all time high) buy it and hold it unless it closes lower than 69 1/4.) It worked when DELL went through resistance at 60. I guess I just have this strange notion that supply and demand makes a difference when it comes to the price of a stock, and that one can quantify s&d with the use of technical charts. Just FWIW, my stop on DELL is now at 69 3/4, FWIW. Barb