Zeev's Turnips Patch-No Politics (ZEEV)

[Mapleton]

Bullwinkle, I suspect a flaw in the logic of your technical analysis.

You say the market is going to take a huge dive if a certain single event does or does not take place on or until June 8th, but will a bearish sentiment from technical analysis hold true even if market fundamentals continue to appear strong? The market cannot make a huge dive like that if the basic economic fundamentals do not agree with it. TA does not control everything.

I think using TA for long term predictions without regard to fundamentals is as foolish as using TA for intraday trading without regard to semi-random price fluctuations. It may work some of the time, but the overall risk/reward is not respectable.