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


To: accountclosed who wrote (53937)3/30/1999 12:57:00 PM
From: Earlie  Read Replies (2) | Respond to of 132070
 
A.R.

I regularly tune in to what he says, but after reviewing dozens of his posts each time, I quietly steal away. I'm primarily a fundamentalist who believes that in the end, earnings rule stock price. I'll admit that those views have been tested thoroughly by this tulip, but they remain in place. He's also too testy for me.

I have not yet been able to gain anything from technical analysis other than the fact that trends tend to last until they are over, and that it makes sense to "get with a trend" early and stay aboard until it is almost over. When someone can define the start and end points, he'll become valuable to all of us, but haven't seen it yet. This latter point appears to be the downfall of tech analysis, at least for me. I look at charts, but only because I want to know what the crazies are being motivated to do. I'm still open-minded about it, as I have met a few exceptionally successful traders, who have consistently made a bunch of dough.

Best, Earlie



To: accountclosed who wrote (53937)3/30/1999 1:29:00 PM
From: yard_man  Read Replies (1) | Respond to of 132070
 
I think his theory on an advance on negative flows -- sounds right with the A/D and even among some of the bigger names som stocks have to go down to fuel the rise in the indices. What is amazing is that the indices continue to advance at all ...

Quantum theory for the stock market, eh? ;-)