Monday, March 07, 2011 2:34:13 PM
<<claim that the TA predicted the drop from high 50's to where we are today.>>
Infinit_q:
I have never said that TA could "predict" things to come.
I repeat: TA ONLY gives star gazers a headup in the volume of upticks/downtick and the buyers/sellers.
And I repeat again: TA ONLY gives star gazers a headup in the volume of upticks/downtick and the buyers/sellers.
How to decipher these data is up the beholders.
Middle East brauhaha is only an excuse for the bears to bring the pps down and the regurgitators to regurgitate in the media (so that thet can earn their keeps).
Good luck.
PS. If you see my net buy/sell volume data since the cc day, you will have a different opinion regarding TA. Seek and ye shalt find.
PPS. Last post of the day.
Infinit_q:
I have never said that TA could "predict" things to come.
I repeat: TA ONLY gives star gazers a headup in the volume of upticks/downtick and the buyers/sellers.
And I repeat again: TA ONLY gives star gazers a headup in the volume of upticks/downtick and the buyers/sellers.
How to decipher these data is up the beholders.
Middle East brauhaha is only an excuse for the bears to bring the pps down and the regurgitators to regurgitate in the media (so that thet can earn their keeps).
Good luck.
PS. If you see my net buy/sell volume data since the cc day, you will have a different opinion regarding TA. Seek and ye shalt find.
PPS. Last post of the day.
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