Scott Adams, investment guru

I missed Scott Adams hilarious essay on investing in The Wall Street Journal a week ago.  However, I discovered it tonight because it is still on the most e-mailed list.  Read the whole thing if you have an online WSJ subscription, Scott makes the funny but not entirely illogical case for investing in companies that you hate, such as BP.

What about the alternative investment approaches, such as, for example, technical analysis? I must say Scott's observations  are 100% in harmony with my feelings:

Technical analysis involves studying graphs of stock movement over time as a way to predict future moves. It's a widely used method on Wall Street, and it has exactly the same scientific validity as pretending you are a witch and forecasting market moves from chicken droppings.