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To: rupert1 who wrote (43842)	1/17/1999 5:29:00 PM
From: Satish C. Shah	Read Replies (1) \| Respond to of 97611

Victor: You wrote.. To: +fooledalot (43837 ) From: +victor Sunday, Jan 17 1999 5:00PM ET Reply # of 43844 Fooledalot: I think your conclusions about COMPAQ's prospects are cogent. As for FA, I think that it deals with a sub-category of business - namely, ROI. Essentially, it attempts to establish probabilities from a ROI analysis of the past behaviour of stocks and by looking at tea leaves about the current/future business climate. But the language and style of some of its practitioners gives the impression that it deals not in probabilities, but in certitudes. In an abstract sense I can accept that it is rational to attempt to refine a system of prediction based on probability and reading of tea leaves, but in real life, there are some many unforseeable variables that can render predictions void, that the effort hardly seems worth it. If those who labour over the esoteric language of FA would just spend the time and effort understanding the human behaviour vis a vis stock trading, they might do better. ------------------------------------------eom------------------------- I usally decide what to buy based on FA but when to buy is mostly based on TA. So, you see I am in both the camps. In other words, I do not want to p**s off the gods of FA and/or TA. ++++++++O T ++++++ About the contributions to PBS, yes I have seen it meet its goal, quite a few times. When we lived in San Jose, KCET, PBS station in San Fransisco, used to pre announce the goal (the dollar figure) and ask people to send in the check early. As soon as goal was met, they will cancel the rest of the pledge week. Regards, Satish

To: rupert1 who wrote (43842)	1/17/1999 6:15:00 PM
From: Christopher	Read Replies (4) \| Respond to of 97611

Victor, You said the following about TA: <<If those who labour over the esoteric language of TA would just spend the time and effort understanding fundamentals of the economy, the market, the sector and the stock, they might do better.>> I am into TA big time. In your above statement you imply that TA people don't spend enough time "understanding fundamentals of the economy, the market, the sector and the stock, they might do better." Just to let you know, This is all I do when it comes to TA and that is where I spend most of my time. This is what TA is all about!! I have no idea why you have assumed that TA is not concerned with these highly important subjects. Have you read any books on TA and if so can you name some of these books. What do you know about TA? Not much if you think TA is not concerned with the above subjects. Most people that claim to know TA or make statements about TA have mediocre opinions about TA in the first place. You can't make statements about something you don't know anything about. Christopher