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Henri Amand wrote:
indextrader wrote:
I'm sure if they were any good and generated a profit over and above
what was needed to cover their overhead, they'd still be around.
Assuming Louise Yamada is one of the better TA people, what
does that say about TA......
From Bloomberg:
"Ms. Yamada, who was with the firm for 24 years, has been ranked a top
market technician by Institutional Investor for a number of years."
"Yamada, ranked by money managers as the top stock-chart analyst on Wall
Street for the past three years,"
--
Keep in mind that in early October, she told people to sell because the
INDU was weak, poised to go down, etc...here's the link:
http://quote.bloomberg.com/apps/news?pid=nifea&&sid=a54b7Ie7rDZo
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