How can you even claim that technicals matter?

Discussion in 'Technical Analysis' started by farmerjohn1324, Jan 30, 2020.

  1. %%
    Interesting analysis.Paul Tudor Jones thinks this year is like 1999 ,elitetrader /CNBC link [Sky high good trend]. Technical Analysis of Stocks & Co........ magazine has had NasdaQ pictured as a moon rocket, not to long ago. NOT a prediction. PSAR[parabolic stop reverse] is still up, QQQ,daily, weekly, monthly 2 hours until close....................................................
     
    #371     Feb 7, 2020
  2. Demand and Buying. and company fundamentals
     
    #372     Feb 7, 2020
    murray t turtle likes this.
  3. Fundamentals always matter and that is the only thing that matters..

    For short term trading in forex, options, or daytraders, fundamentals don't matter..
     
    #373     Feb 7, 2020
    farmerjohn1324 likes this.
  4. %%
    And that's the way;
    the way, many swing/position traders /investors make a profit. NOT a prediction, still looks like a good week, good month, even if QQQ...... finishes down or up today. About 1.5 hours until market close; some wonder how any could figure technicals do not matter?? Impeachment vote was expected that way in Senate. Any able to figure what a bull market is; may enjoy technicals...........................................................................................................
     
    #374     Feb 7, 2020
    speedo likes this.
  5. Can short-term be longer than a day?
     
    #375     Feb 7, 2020
    murray t turtle likes this.
  6. themickey

    themickey

    Some will say "yes", others will say "no".
    So what actually will you do with this information?
    I say, "nothing".
    bull_phatch.jpg
     
    #376     Feb 7, 2020
  7. Overnight

    Overnight

    I'm not getting the metaphor...Useless as a bull on tits? A bull with breasts? A well-endowed woman with a bull's head?
     
    #377     Feb 7, 2020
  8. speedo

    speedo

    :D
     
    #378     Feb 7, 2020
  9. themickey

    themickey

    All these questions from OP serve nothing, as useless as tits on a bull to him and everyone else.
    He'll ask questions on ET until the cows come home, but then immediately forget why he asked the question in the first place as basically his only interest on ET is to create page counts as he's basically just a bored person with lots of time on his hands talking bs.
    Excuse all the puns.
     
    #379     Feb 7, 2020
  10. Overnight

    Overnight

    Why are tits useless on a bull? Just depends on your particular fetish. o.0 lol!
     
    #380     Feb 7, 2020