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The big firms don't realy have a good place for TA. They will hire
them but tend to let them leave or run them off. They like analysts
because they can sell that trash to institutional clients and tout it
to retail clients. The firms own trading arm doesn't always use their
own in house TA people so where is the money in the TA group? Plus as
we know too many think TA is hokus pokus.
Jimmy
> 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......
>> Dear fellow colleagues and friends
>>
>> From today Louise Yamada TA dept. @ Salomon is no more
>>
>> The whole department proud of decades of tradition of charting is
>> gone, victim of the latest "efficiency" cut
>>
>> I am appalled by this event and lost for words
>>
>> Riccardo Ronco
>> FBR Intl. London
>>
>> --
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