InterDigital Inc (IDCC)

[GE_Jim]

Techinvester,

Well TA isn't dependent on structured market trading, but rather structured market trading is dependent on TA. All brokers, funds, institutional office have team of tech people working for them. Also and not surprise here most have very high percent turnovers. You can use TA on small caps, mid cap or large, It works the same but there are larger moves due to what you called external circumstances. I view it slightly different as my view everything is interrelated and interdependent. It's not TA theories I follow. I use TA to measure. Just a tool. Simple as that.

Dollar cost average has been around for a long time and it is effective. The floating time factor is my only concern with it. There are many others that can be used also. It depends how much time a person wants to spend learning, and then doing. To do TA correctly for say trading it takes a whole lot of time to do it right. You may wind up with a lot of money but then you have to factor what your time was worth.

Still IMHO once learned a person can use it at will, so to speak. Far better than letting a fund manager do it.
Again IMHO. I suppose I should explain that, A MF is restricted, i.e. most can only go up to 5% in any 1 stock. An investor 5% 10 % or ten times 10%. Big difference in a hot stock. The key then would be to pick a winner. Most information that the MF's get is available to the investor as well. When things are a little rough in the markets a MF will still stay around 90% invested. After all that's what they do, invest in that area, sector, type. Ect. An investor can simply switch to cash and walk away for 3 mo 6 mo whatever. They don't have to take the loss. A MF minus index type are usually involved with just one part of the market, large cap, small cap, telecom sector, whatever, An investor can pick and choose whatever area is hot. And after all those advantages if your not smoking a MF manager your doing something wrong and should let them handle the money. True investing isn't for everybody, in fact in my opinion very few do it well. But many many do it well enough. And for most that I know do it because they enjoy it.

Anyway just an opinion