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[sharechat] Re: TA/FA


From: nickk@quicksilver.net.nz
Date: Sun, 08 Feb 2004 21:02:18 +1300


1991?????????? 

Phaedrus writes: 

> 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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