Short Term Trading Member Forum

[Joseph Silent]

Golfin ....


Not to be quarrelsome :), but price is the independent variable --- as far as I can tell --- and the indicators are the dependent variables. So if someone is going to push JPM's price up for whatever reason (and I am not saying that they will), the indicators will keep pointing up or flatten at max until price corrects from much higher levels and indicators then turn a bit until the next such push.

Now if everybody looked at the indicators in unison to decide what to do next, then the feedback loop starts.

As long as there is this relationship, peoples' expectations can be yanked around by the orchestra conductor. He's the leader of the band, and we are required to dance.

All I am doing is shivering in a dark, dank corner, clutching my fiddle for dear life, score be damned!