We are shorting the DJIA via YM here at 13205- day trade only, not special situation, but Price Driver activated. Will close win, lose, draw...
Funny example of faith overriding reason when it comes to TA. Past price is ONLY useful when combined with private information-- says the...
Self delusion is a very evident in the market. TA "looks" like it works, so it must work, says the anonymous defender of the faith. There are...
What else do you think it is -- the Stars control stocks? I see I have to really dumb these ideas down here -- but that's ok. Just like...
Generally, the customer has the yacht before he invests in hedge funds. yeah, we been accessing closed funds/ finding real edge for sometime...
No, I don't believe in astro trading. You are completely missing the point. But, I don't expect anything else from TA true believers. surf
No, Arch is a good friend of mine-- he is a smart guy. I am simply making a point, which apparently has gone right over your head. surf
You forgot to add that it works only when combined with private information--which would be obvious. You really are missing the entire point...
Ranked in accuracy by market timers digest. Nothing to do with popularity, rather accuracy. surf
Astrologer Arch Crawford too. He had the number one ranked market newsletter for years--- all based on astrology. Makes astro true, right?...
No, I didn't miss it. I just didn't want to bring attention to the clear flaw in your understanding. Private information isn't a TA tactic or...
How many moves or series of moves in one direction increase the odds that the next move or series will be in the same direction? Tudor Jones--...
Correct. The "trend" provides no edge, let alone a "high probability" one. If you flip a coin 10 times and you get 10 heads, are you in a...
Scary! We need a jack Hershey analysis of the formation. :D
Do you think this applies to scalpers? surf
The faithful are grasping at straws and making up sh$t: From my link ......technical analysis cannot earn abnormal returns. Technical...
Completely useless when it comes to predicting future price.
Trend followers?
Here's why: Here is a piece of wisdom from Dr. Phill McDonnell---- http://www.dailyspeculations.com/wordpress/?p=3158 Moving...
Quoting out of context? I agree it's dusty old stuff-- just trying to show that the cases against TA are very old and well documented.
Separate names with a comma.