Impossible to prove something that you go around saying over and over ? So then how can you say it ? So basically you have nothing to validate your claim. Nice job Surf. Keep up making yourself look like a fool.
Thank you. This is my point. He has made it well known to everyone on ET his feeling. Everyone on this planet knows where he stands with his opinion. Enough already of invading every thread where the letters T and A pop up and poisoning the thread. Baron basically threw him out of hear for the same exact thing last time. Maybe Baron should reconsider ?
How about instead you stop inserting your beyond overstated opinions in every damn thread on this topic ? Why should every person on here have to place you on ignore instead of you stopping with trashing all of these good threads ? Why should 99% of the people on here have to do something when you can fix the problem by stopping ?
I hear you. You make a ton of good points. My problem is he inserts himself in these threads all of the time, so it's tough to ignore. You are 100% right. If he is friends with the guy he will agree no matter what. While I think Sykes act is ridiculous, he takes the same approach as any TA guy. He has proven his methods work. On a small scale perhaps, but they work. I have asked Surf why he doesn't try and spread his anti TA bs into The ACD thread. He won't answer. Well...the reason is Maverick would destroy him. Those guys have proven their shit for a long time, so Surf, being a bit of a chicken, is afraid to go there.
I made the same exact point before about what he does. I agree with everything you say here....but....my problem is he derails a lot of good threads. But I can't argue with anything you say here.
No, he shouldn't. It will end the same. I have mentioned Brooks in almost every one of my posts. Others have eluded to his method, as well, and I await what Visaria has to say. All threads go off topic, and to be honest with you, so what? As long as it returns to the point. A little humor and entertainment along the way is OK by me. No disrespect intended by my response to you. If you're jesting and I missed it, my apologies. I think this thread is essentially still on topic. It only takes one post to get back to the original point, wouldn't you agree? So, what do you think of Brooks? (Sorry to ask if you've already made your case earlier in the thread about Brooks...old grey memory isn't what it used to be).
A Brief Intro to Charting By Abigail Doolittle When some people hear the terms ‘charting’ or ‘technical analysis,’ they think about tea leaf reading, tarot or voodoo. Nothing could be further from the truth. Technical analysis, and one of its simple braches called charting, is not about magic, making something out of nothing or accessing unseen forces. Rather, charting and technical analysis are about one thing and one thing only and this is trend identification. It all boils down to discerning the trend in a given marketplace to determine whether the buyers or the sellers are in control. Once this determination has been made, one can choose to invest with the trend by going long a security if the buyers are in control on an uptrend or one can avoid owning a downtrend when the sellers are in control or even go short. Something that makes this type of investing powerful is the fact that it takes into account all of the information about a given marketplace including psychology. After all, if you assume that buyers buy as low as possible based on all factors influencing their decision and sellers do the opposite, everything impacting a marketplace is captured by the trend at hand. This is why proper trend identification can be so valuable and is worth learning about. Important to recognize is that trends can be identified over the near-term, medium-term and long-term for different styles of investing. One thing all three have in common is the fact that no trend stays in place forever. As such, it is equally critical to determine how long a given trend is likely to last before it reverses slowly and then suddenly. Patterns with funny names like ‘Head and Shoulders Top’ and ‘Rounding Bottom’ are ways to gauge how long a trend may stay in place as it breaks out initially, up or down, and again as it appears to be ending in the whipsaws of a neutral sideways trend where the buyers and sellers are duking it out for control. If this seems simple to you, it’s because it is. This should be reassuring whether you’re a total novice who wants to learn more or a complete pro. After all, charting can teach you something about life beyond the charts. Go with the flow because the trend is, in fact, your friend.
I'm still going through Al Brooks's videos. Well over half way through. I've been taking notes. Will not bother watching all of them. Should be done by the end of the week. Will report back here. Happy for posters to discuss TA and anything else on this thread. Re Surf, he's just causing a bit of mischief. Don't let him wind you up. His pile driver thing is just as effective (or non effective depending on your point of view) as charting/TA, fundamental analysis, stat analysis , tea leaf reading. As my mate Ed Seykota would say, nearly everything works some of the time and nothing works all the time. Surf is a bit of a salesman, likes to create an aura of mystery re his pile drivers thing. Don't let that fool you, it's just a load of bollocks like everything else! Thanks for reading Vis