News Focus
News Focus
Followers 120
Posts 9101
Boards Moderated 0
Alias Born 07/09/2002

Re: ajtj99 post# 279739

Thursday, 08/05/2004 8:19:38 AM

Thursday, August 05, 2004 8:19:38 AM

Post# of 704044
Sorry, but that statement isn't correct imo. I might agree with you on daily crosses but the validity increases significantly with weekly, monthly and quarterly. As far as trend lines go, a trend line is good to watch but one "never" knows if "this time" the line holds or not. All indicators and charts have fallacies including candle, pnf, bar, and ewave charts. Imo one has to use a combination of all to see a good picture and since no one is ever ever 100% accurate, if we get 60-70% then we should make money.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today