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boozeman

04/27/21 11:30 PM

#37359 RE: W_W #37358

Point taken, Sab’s analysis was an overall assessment of the days action, never anything else, to me anyway. Always wished I could read charts but that’s why I work 12 hours a day. Good luck longs, Geert brings this home and I have a chance to disappear on 200 acres of beautiful TN country.

jamesnhansen

04/28/21 9:35 AM

#37366 RE: W_W #37358

Technical Analysis — Voodoo or Pure Truth from God?

WW,

Respectfully, technical analysis is most useful when trading is heavily manipulated like CVM.

Do the math. If trading is nothing more than a random walk the what are the chances of having six higher highs, higher lows and higher opening and higher closes in a row? How often should it happen? How often does it happen? What’s the chances that the difference is just chance?

SAB is a big loss here, at the very time he would be most valuable.

Cheers from a lonely Oregon,

Jim