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rafunrafun

10/28/17 8:56 AM

#116998 RE: jessellivermore #116996

Thank you. And all that I was saying is that FFS is no Rembrandt and people should not take his predictions seriously.
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HDGabor

10/28/17 9:17 AM

#116999 RE: jessellivermore #116996

JL-

- "independently from fundamentals": yes
- "bewildering array of differing methods which include market cycles ...": yes
- "As far as I know TA is not a specific method, but rather it is an idea": when I said "based on the same available data" I mean the exactly same chart (e.g. 3 months time frame, daily, etc.). Meanwhile it is not exact, isn't a pure math the same chart could not be interpreted as "head and shoulder" or "cup and handle" it is one of them only (as I know).
- "But I think we have no Rembrandts on this board": I did not think about it, since I do not know (well enough) TA to challenge anybody about its TA. W/o the knowledge it is not a challenge just a bickering ... like Kiwi in case of financial questions. Nobody could say (technically could, but the value / meaning is nil) he isn't a Rembrandt w/o knowing the TA ... it is a personal bickering only, no basis / background of it. To avoid any doubt: I do not say he is a Rembrandt, simple I do not know / could not decide ... but it does not frustrate me like other ... w/o a basis / knowledge I did not pull out different view from a thin air.

Best,
G
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FlyFishingStocks

10/28/17 1:56 PM

#117020 RE: jessellivermore #116996

So.. O' wise one -

So in many ways TA is closer to oil painting than to pure math..Some like William O'Neil have used TA like Rembrandt..(though O'Neil always backed up his patterns with fundamentals)...But I think we have no Rembrandts on this board and bad TA is like rotten fish.

":>) JL



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