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MuchCompensation

02/25/08 8:57 PM

#45236 RE: songbirdia #45235

I agree completely Song. I will say that, after looking at the chart, in the case of Spooz, TA would have worked most times if applied correctly but not always.

But your initial question about the SAR has me really thinking more about TA in general.

Thanks for asking a question that made me think more about a subject than I would have otherwise.

Best to you,

MC


CaptWhizbang

02/26/08 2:36 PM

#45253 RE: songbirdia #45235

TA is the footprints of a stock. We are the trackers...In the chaos of things there may be "signs" of direction and trends. Patterns of behavior may appear. Indicators exist for the tracker to "read". With a good knowledge of the "beast", a tracker CAN PREDICT, a significant amount of time, what the "beast will do next, even if the 'beast" doesn't give prior notice. TA can tell one when to approach the beast and when to run like hell.

The better understanding of TA, the better trader. Otherwise, it is a guessing game without defining data.....

And I see SPZI's indicators seem to be turning around, the TA comforts me...LOL! GLTA....