i disagree. you are welcome to keep your opinions and i will certainly keep mine. many folks buy and sell based on charts, news, stock trading volume, perceived value and future potential among many other things. you only seem to play one tune.
Sorry.. you are wrong. The Accumulation/Distribution Line can at time have problems detecting subtle changes in volume flows. The rate of change in a downtrend could be slowing, but it may be impossible to detect until the Accumulation/Distribution Line turns up. This drawback has been addressed in the Chaikin Money Flow tool. That is why PPS arguments are moot when both Acc/Dist and CMF are show together. How long have you been doing TA? Are you a professional? Do you give Financial Advice?
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