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Re: ajtj99 post# 77050

Monday, 02/17/2003 4:00:30 PM

Monday, February 17, 2003 4:00:30 PM

Post# of 704041
ajtj, you're clearly a virtuoso chartist, but for those less schooled in this magic art--or maybe less convinced of its predictive ability--it would be very helpful if you could assign some probabilities to various scenarios you discuss. Plus-minus 10 per cent would be quite all right.

Why? Because you are always hedging, that this can happen or that can happen, and that way you cover the universe of outcomes--and can't be wrong.

I may sound skeptical, but I'm trying to have an open mind. Besides, it's good to learn from the masters, no? <g>

Finally, would you agree that if TA works, it is because everybody, including MMs, sees the same charts and many behave 'according to the book'--in other words, it's a bit of a self-fulfilling prophecy? I'm not trying to be facetious.

M_e

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