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05/29/06 3:15 PM

#5705 RE: farooq #5689

Hi Far,

Great post by you once again. I really believe in trend following. Simon's record is even more outstanding when you consider it wasn't done with a small amount of money. Harder to get those kinds of returns with that much invested.

In my opinion, technical analysis is easier than fundamental analysis. When it comes to the fundamentals, how do you know that what you have discovered isn't already priced into the stock? It usually is and it happens very quickly. Longer term trends, on the other hand, don't change as quickly.

FM