All indicators useless?

Discussion in 'Technical Analysis' started by indahook, Apr 16, 2003.

  1. Boib

    Boib

    Aren't indicators just a manipulation of price and volume data to get the answer you think you want?
     
    #61     Apr 17, 2003
  2. bobcathy1

    bobcathy1 Guest


    Possibly.
     
    #62     Apr 17, 2003
  3. probably
     
    #63     Apr 17, 2003
  4. Are you even aware that since you started posting here your losing strategys and the advice you so freely offer up has changed more times than anyone can likely remember?

    Does Bob know how much money you have pissed away so far trying to learn how to trade? Expensive education isn't it.



    :eek:
     
    #64     Apr 17, 2003
  5. Magna

    Magna Administrator

    Reminds me of that scene in the movie Clueless where the two girls are at the mall, one looks at some clothing she likes and the other says, "Not! That's so 5 minutes ago...."
     
    #65     Apr 17, 2003

  6. If one signal conflicts from the other and from price this is called
    a conbooberated signal. It is the Holy Grail. With this signal, you can
    be as rich as you want. Thank goodness for all indicator signals.
    Without them, we would all be lost in the woods... :eek:
     
    #66     Apr 17, 2003
  7. Might I suggest a wide-mouth Gatorade bottle kept tucked discretely under the desk :D

    ... not that I have ever stooped to this level!:(
     
    #67     Apr 17, 2003
  8. The Holy Grail is really knowing which indicators to use, if any.
     
    #68     Apr 17, 2003
  9. bobcathy1

    bobcathy1 Guest


    :D :D
     
    #69     Apr 17, 2003
  10. maxpi

    maxpi

    I think the funniest indicator is the balance of power or BOP. It tells you whether the buyers or sellers are prevailing.... exactly the same thing the price tells you!! It was published in TASC a while back, I never tried to find out if it was a joke or maybe the author was serious.

    Max
     
    #70     Apr 17, 2003