Forum Archive Index - February 2004

[Phaedrus <Phaedrus@techemail.com>]

Snoopy, I fear you are regressing. Way back in early 1991 you said "Personally 
I wouldn't disagree too much with the idea of using 
fundamentals to select your shares and technical signals to pick the 
right buy/sell times." That is all I have ever advocated. 
 Re TLS, I sold out completely at the trendline break in 1999. Let's say I then 
"wasted" all my winnings on wine, women and song. Does that make selling at 
that point a mistake? Not in my book!

People, again, forgive me if I do not enter into this perennial debate. In the 
past I have wasted far too much time trying to convince sceptics of the worth 
of TA. The bottom line is of course that I do not care whether others use TA or 
not. I gave the argument my best shot with this post, I think :- 
http://www.sharechat.co.nz/archives/2001/06/msg00452.shtml 
As you can see, even way back then Snoopy and I were arguing over Telstra! 
            Phaedrus.



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