SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MDA - Market Direction Analysis
SPY 665.67-0.9%4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Fun-da-Mental#1 who wrote (27866)9/29/1999 2:43:00 PM
From: Casaubon  Read Replies (1) of 99985
 
exactly! Earlier in the year I identified a number of companies which I considered good potential investments. However, I had a bearish outlook based on some fundamentals (in my opinion the only foward looking indicators). However, based on the TA I was learning (still am but much better now), I wasn't willing to take the plunge. Well, I'm approaching some decision making on those stocks, based on TA.

Now, with respect to my comment about fundies being foward indicators implies TA is not predictive. Well, that just isn't the case. TA does not predict what a stock will do. But TA patterns and all indicators can be correlated to similar past expressions of chart patterns and indicator results. It is the degree of correlation with other past chart patterns and indicator results which determines the predictive value of TA on current stock charts which have yet to resolve
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News