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hankmanhub

01/27/22 5:39 PM

#439285 RE: Lorie3168 #439284

Hi Sojo,

You of course know that I am skeptical about TA in general. I appreciate the tentative and contingent manner you put your thoughts forward accompanied by interesting charts. Which at times come to be, while at others do not. But what I have noticed that more often than not the price prediction is often not that far off - even if it is a week to a month late. and after a detour south. These price levels, so far as I can tell more often than not represent previous resistance points.

Is there a reason why the price level predictions (even if late) seem to be better than the direction predictions?

Sojourner55

01/28/22 12:32 PM

#439454 RE: Lorie3168 #439284

Thanks for your kind words Lorie. The market is a hard taskmaster and it's not easy to get the better of it so we persevere and try to learn from mistakes made.