***** WLE Chart *****, page-4

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"Rubbery valuations" It is apparent you are confusing fundamental analysis with technical analysis danger mouse. Perhaps we can set you straight, It's important to learn something new every day, don't you agree?

"Technical analysis assumes fundamentals are already priced in and tries to find patterns that lead to outcomes with high probabilities of occurring. Technical analysis also captures the psychological aspects of the market in the review of past patterns, whereas fundamental analysis fails to factor in investor psychology but believes fundamentals will rule in the long term, so short-term psychological blips will correct themselves"


Now you spoke about "metrics". I like to have a good dose of net tangible assets (NTA) with my technical analysis in the morning it makes me feel good all day.

Loved your show in the 80s by the way, top staff! You get many reruns.


Have a great day!

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