Replies to post #71408 on MATRIX Penny Stocks

[blurring]

dude, this is primarily a TECHNICAL ANALYSIS board.

most of the traders on this board use TA.

what's the point here? what's your mission? what are you trying to prove?

do you think your going to be able to convince everyone here that TA is crap?

you're delusional if you believe that.

why don't you start an ANTI-TA board, and take your bag of crap with you?

[EVO]

I've really had it with the b/s thats been going on lately...If it continues I will just stop posting because although I'm only 19, I'm kinda tired of putting up with the "childish" behavior of other "adults"

[Capitalist]

Interesting.

I have done a lot of thinking and study regarding the statistical testing of chart patterns over the past couple of years. One of the first conclusions I came to is that in order to even start, one would need an empirical, rigorous method to describe a particular chart "pattern". I'm not aware that any such standardized technique exists for this. Pattern recognition is a more "slippery" subject than one might think.

It so happens that another project I have on the back burner right now is work on a paper to be submitted to the Journal of Finance (AFA) called "A Proposed Methodology for the Rigorous Classification, Identification, and Statistical Analysis of Chart Patterns in Securities Markets". The purpose of the paper will be to propose a rigorous mathematical approach to address this problem.

I HAVE found some statistically significant patterns in my work on this, but they are composed of only a very few price bars and aren't any of the "classical" patterns discussed by most chartists.

I haven't worked on this research since I started trading full time however. So much to do.... yeesh!!