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Re: W_W post# 37358

Wednesday, 04/28/2021 9:35:48 AM

Wednesday, April 28, 2021 9:35:48 AM

Post# of 43784
Technical Analysis — Voodoo or Pure Truth from God?

WW,

Respectfully, technical analysis is most useful when trading is heavily manipulated like CVM.

Do the math. If trading is nothing more than a random walk the what are the chances of having six higher highs, higher lows and higher opening and higher closes in a row? How often should it happen? How often does it happen? What’s the chances that the difference is just chance?

SAB is a big loss here, at the very time he would be most valuable.

Cheers from a lonely Oregon,

Jim
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