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Strategies & Market Trends : Technical Analysis - Beginners

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To: Dick Brown who wrote (10564)6/7/1999 10:47:00 AM
From: Christopher  Read Replies (3) of 12039
 
Dick, < This raises a red flag to me because I never thought of TA as a predictor of price action and I never will because I know better..>>

You say you don't believe TA can predict price action and you never will because you know better and yet your #10482 details your use of TA to buy stocks!!!?? This sounds kind of odd to me, don't you agree?

Concerning your other question, you can know where money will be going using Intermarket Analysis. It is called the Liquidity Cycle and some call it Business Cycle. For example sometime money go from stocks to bonds which means the DOW will be going down. Sometime money will go from bonds to stocks which means the DOW will be going up. If you don't understand this then don't bother asking questions about it because you will never do Mr. suspecious.

Christopher
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