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Re: biotech_researcher post# 41402

Tuesday, 12/17/2013 7:48:19 AM

Tuesday, December 17, 2013 7:48:19 AM

Post# of 80490

TA doesn't work for a stock like Ariad, imho.



For purposes of my comment on TA I will define success (work) as being able to produce a higher than market return over the long term (say 10 years) without resort to FA.

TA does not work.

For those who may think I have not had exposure to TA, that is not true. I have read some TA books. I have invested for over 45 years. I have had friends that got into TA. (A couple lost their life savings. They were smart guys.) I have repeatedly told TA guys that when they figure out a system that works to tell me. They never do. I have also spoken at meetings of TA guys and told the other side. I came out alive. smile



How amazing are the deeds of the LORD! All who delight in Him should ponder them. Ps 111:2

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