Forum Archive Index - May 2001

[jerrold poh <pohj@ihug.co.nz>]

i hate debates like this on fundamentals vs technical data.  

both are just as stupid as each other, but they're ledgends out there who
practise from each side and make billions.

just my two cents


-- 
jerrold (pohj@ihug.co.nz)
gnupg public key avaliable


On Tue, May 22, 2001 at 12:23:50AM +0000, nickkearney@xtra.co.nz wrote:
> 
> Robin
> 
> If you can't learn anything from history (when you actually have empirical
> evidence on which to base conclusions) how the hell can you predict the
> future?  That is what fundamentalists basically try to do - predict the
> future based on current data.  No-one can predict the future.  However, what
> you can do is look at the present and see what is happening and get in or out
> depending on that.  For example, why has RMG surged 65% in the last 5 weeks?
> I don't have the answer but I do know that graphs will tell you it has done
> and therefore you should buy.  Who cares about the reasons when the facts
> speak for themselves.
> 
> Cheers
> NK
> 
> > From: "robin court" <bushvalley@hotmail.com>
> > Date: Mon, 21 May 2001 22:50:37
> > To: sharechat@sharechat.co.nz
> > Subject: Re: Re: [sharechat] Technical Analysis
> > 
> > One needs something akin to religious revelation to believe that technical
> > analysis is of any use whatever. Hegel wrote that the only thing you learn
> > from history is that you learn nothing from history. $1000?? $7000???? Who
> > really makes money out of sharemarket activity??


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