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To: accountclosed who wrote (11964)11/30/1998 2:26:00 PM
From: Ilaine  Read Replies (1) | Respond to of 86076
 
>>>>>You toss out so many themes and vary between asking for help but then not liking it when it is offered.<<<<<

Antoine, I hope this is not true. I do, very much, appreciate all the help I get. I recall a couple of times I was frustrated that you could not tell that I was joking, but it is probably my own fault for my delivery style.

I am interested in the reasons that particular people do what they do because I perceive that they have a particular style of doing things.

I agree that the trading range of a stock is not the most important thing to know about it, but, taking Cisco as an example, I bought it during market pullback early October, thank I got it about 48, and sold it, don't have slips in front of me but it has climbed considerably since I sold it. I think Cisco is a great company, so the question has to do with price.

It ought to be obvious that implicit in my questions is my assumption that the market will not crash so far so fast that I can't get out semi-intact. I, for one, intend to fiddle while Rome burns.

CobaltBlue



To: accountclosed who wrote (11964)11/30/1998 5:27:00 PM
From: Knighty Tin  Respond to of 86076
 
AR, Excellent note. I think the big difference between fundamentalists and technicians is that fundamentalists look at valuation of a company's business while the TA looks at stock price trend patterns. However, I think anyone who buys or sells a stock should be aware of its price history. Not for patterns or formations, but to double check their thinking. If the price is exceptionally high or low by historical standards, then you have to make sure that makes sense within your analysis. If it does not, then you have overvaluation or undervaluation, or, what a gambler calls an overlay. And that is when we can make big bucks.

MB