Jan

14

A job that might vanish

January 14, 2025 |

"i see you referenced technical analyst as a job that might vanish in the next 50 years. How could you say that when Stanley Druckenmiller sold out his longs in Oct 1987 because the months of 1987 were similar to 1929?" and Bill Gross has been bear since 1950 Dow 800.

don quixote part 1, chapter 47: "it is you who are crazy not me for failing to see the value of moving averages and fibonacci series and head and shoulder patterns. even andy lo has found them significant as long as you don't consider the last 10 or 20 prices."

"have you not read Technical Analysis by John Magee? it you had the pleasure of seeing his 20 or so wize old men with slide rules and protractors following the trends and moving averages as I did in 1964 you wouldn't dare to question its staying power."

Mite I suggest that Dr. Magee's former headquarters in springfield mass 1 block away from Pembroke College be named as a National Monument and that he and his band of Brothers be placed in the t.a. Hall of Fame with the full honors that were accorded to Joe Granville.

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