Im not sure I have read your words correctly... allow me (fool you may think I am) to slowly consider all the points you have raised so I may be thorough and "fair" in my response... others are welcome to support or add scorn whilst I do this of course... thank you for your words... I will respond soon.... I cant be sure when.. but I will respond.. All the best.... Paul
Another typical "pissing-match" on ET resulting in 75 pages of pure unadulterated crap. Oh, and by the way . . . It's not like the 1503 high of yesterday was a fib number or anything . . .
Agree.. what a silly waste of everyones time despite thge drop in the markets led by US Subprime fears related to the banks involved... Paul
why do you think only "simple canned TA" is tested? there are teams of quants testing every permutation of TA imaginable. its rather simplistic of you to think that this isnt the case. academics seek fame and the unique often, don't you think if ANY study showed edge in TA it would be published for this reason?? surf
marketsurfer Ive seen enough of this thread.. for me to realize what a langing doofus you are.. to the point that you wont even consider or concede to reason... (which I alway6s will in the context of learning) you choose spelling and grammar over logic and wisdom.. as such what hope have you over nations that choose to converse even outside these boundaries? I support wisdom , intelligence, logic and informed bias over my own but I do not support those who are illogical, ephemeral, clandestine or immoral (although thats a tough one since I will take a line of coke speed, weed and Red bull in a party... gosh perhaps not... atmosphere... but this isnt a moral argument so dont use it to argue.... lets get real and stick to the facts.. not the drugs...
Funny, that is the general opinion I have of the defenders of the TA faith. Sometimes apes at the zoo will throw feces at onlookers. That is about the quality of reply I have seen from the TA faithful. Insults, sneers, trying to pick away at academic studies, but in the end, almost everyone following TA basically loses money. People "know someone who is successful with TA" - anecdotal evidence of little value. Others claim they have found things "that work for me" - testimonial evidence is also of little value. Others that "why should I expect someone who found their own holy grail to reveal what they found for study?" - this is self-dismissing - statistics is not about taking people's word for it. And most people claiming things like this tend to lie. Or "well, you have to learn how to combine them." This is just garbage combined with garbage. If two things dont work, combining them is a stupid way to evade the subject Etc. Etc. I have not seen one meaningful retort that lends strong and reliable credence to TA as an outperformance method in this entire thread. Why in the world the TA faithful find comfort in this thread is unclear. As I said, I have overlap with Mark on the fact that classical TA is the main problem. That some people may have found some a magical twist will always be possible. But I suspect most of these believed twists on TA would vaporize under a serious double-blind study over the longterm and through various market conditions.
extremely succinct and well stated truth. it's about time someone challenges these whimsical notions. bravo! don't these guys see TA is pushed by the MACHINE aka "market infrastructure" to provide the fuel it so deperately craves. they never seem to learn.... surf
the herd and the public are weaned on TA from day one. it looks good in the past, but reality is far different. it's the ultimate delusion perpetrated by the ultimate game. the TA herd is food for the machine, in general. surf
08-07-07 02:29 AM sell any rally! The market is ready for a huge correction! Just get short SPU snd DOW... Damn!