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imnot6

10/18/11 5:38 PM

#6606 RE: linhdtu #6604

Just trying to lighten the mood, not diss TA specifically.

I've never looked that deeply into TA, but I agree that for specific stocks over specific time intervals it may have some utility. In tekcor's defense (if he needs any), his basic sideways-triangle converging or diverging patterns are probably food for a little short-term thought, but the rest is event-driven as his Boxes 'o Qualifying Text indicate. For me, the bottom line for anything trendish beyond a few hours' worth of trading is best handicapped using the kind of game-theory odds-making Dew generally seems to favor. Which (are you listening, he-who-must-be-ignored?) IDs more what odds-changing factors should be under the spotlight rather than serving as anything too specific in the way of outcome and timing.