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[sharechat] Mary is into TA

From:	"Viewpoint ." <viewpoint_@hotmail.com>
Date:	Sat, 01 Dec 2001 01:47:44 +0800

After the furore a few weeks ago I note that Mary Holm has taken up 
technical analysis.

Obviously when it suits technical analysis is a powerful tool. Interesting 
column of hers today in the Herald and again i think she has been sucked in 
by what fund managers have convinced her.

Here is what she said -

I've got graphs of returns on US shares since 1845, and on UK shares since 
1869.

They wobble around a fair bit, but the trend lines are strongly upward. I 
doubt if there's ever been a 10-year period when returns declined, let alone 
a 14-year period.

And I don't see why a 150-year trend should change now.




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