InvestorsHub Logo
Followers 16
Posts 2426
Boards Moderated 0
Alias Born 08/15/2006

Re: cabo_sailor post# 10142

Wednesday, 10/15/2008 3:08:55 PM

Wednesday, October 15, 2008 3:08:55 PM

Post# of 46072
Niederhoffer is familiar but the title is not. Will member mark & try to remember to let you know when I dig it up.

To comment on your earlier post: There are many chart patterns and technical indicators that are ambiguous about direction (like symmetrical triangles and pinching bollinger bands for example). But in the same vein, there are also many candle patterns (and chart patterns & tech indis) that do predict direction accurately.

I know I am preaching to the choir here, but we should never rely on just one of anything.

GLTY

If you're not living on the edge, your taking up too much space.