Forum Archive Index - January 2004

["Duncan MacGregor" <d-m_macgregor@xtra.co.nz>]

The recent posts on back testing TA systems highlighted the fact that there Is no magic button to push, that tells you what to do.
Robin Benson hit the nail on the head when he said If there was we would all be using It, which In turn will make It fail.
Pheadrus and Woody are two of the more advanced Investors using TA, but I would be very surprised If the systems they use are
even remotely similar.         Then we have the simpletons that entrust someone else to pour there savings down the drain.
Woody made the comment that a monkey with a dart beat the lot of them.     Then we have my old mate Snoopy the value Investor, who takes Into account dividends, and what the company Is worth, and does the homework on the company financials.
TA  FA  a bit of this or that, Its the common sense research that counts.   All the people named have one thing In common
                                                  THEY ALL DO THEIR HOMEWORK  
             cheers macdunk