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Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?

To: tradesman who wrote (16107)	5/9/1999 4:43:00 PM
From: Seeker of Truth	Read Replies (1) \| Respond to of 41369

Dear Ms or Mr. Tradesman, No, I'm not having a bad day. Flowers are blooming magnificently here today. Also I'm long AOL with 6% of my family's money. My only point was that technical analysis wastes people's time, not excepting the time of the analyst himself, unless he is getting paid for it, like a horoscope writer. I think all technical analysts should write down their predictions in a carefully kept scientific notebook and then constantly look back at last years prediction. Some of them will have made millions, more will have lost every penny, the average result will be quite inferior, I think, to looking at the company and the price one pays for it, etc, i.e. the usual way. Lengthy academic studies have debunked technical analysis but that no more stops the chartists than does science stop the horoscope believers. They are in different worlds.