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Re: None

Monday, 08/28/2017 7:42:43 PM

Monday, August 28, 2017 7:42:43 PM

Post# of 462360
A person I am acquainted with is a TA guy. Here's an example of his "predictions" on where we could go from here:

3.80
3.90
4.00
4.12
4.00-4.10
4.25-4.30
4.30-4.35
4.50
4.75

...and my favorite...

4.25-6.25

TA has a use. It shows us where the people who believe in TA think it is going to go. That's it. Nothing more.

There is no mathematical reason for the movements of the market other than $$$$$. It doesn't have "a mind of its own". It doesn't need to do anything other than what buyers and sellers want to do a a certain moment.

It's a game of smoke and mirrors, self-fulfilling prophecies.
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