ajtj99's Market Pulse

[LG]

plexxus: you often try to bait others into confrontation by the use of instigation, jabs, put downs, etc

I have not done that to you. So this response from you is disingenious.

The bottom line is that I disagreed with your assessment. When I draw the trend lines the way I believe they should be plotted, there was no flag in that SPY consolidation. So I did what I believe a technician should, look elsewhere for confirmation, like the SPX.

Now you can spin that anyway you like, but my point remains, if one draws trend lines with a degree of randomness you run the risk of bias entering into the plot. And, you run the risk of expecting something to happen based on a pattern that may not exist. Or you may be anticipating a price reaction with a tend line that is in the wrong place.

I will agree with this..."T/A is NOT an exact science and is somewhat subject to interpretation of its author. And last time I checked you do not have a monopoly on charting..."

Carry on...

LG

PS: The next time you disagree with someone's read or plot, shall we assume you are putting them down or trying to instigate a confrontation?