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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 26 4:00 PM EST

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To: Teresa Lo who wrote (30552)	10/19/1999 7:14:00 AM
From: HairBall	Read Replies (1) of 99985

IS.Com: Technical analysis is not used as a tool to "predict" the future or to pick tops and bottoms. It is used to detect areas of trend change and emerging trends. I appreciate you contributions to the thread. However, you keep posting the above with your updates. I just have to take an exception. As I agree doing the above is not an easy task, some do use Technical Analysis to do just that. So maybe you should say...."I or we don't use technical analysis to pick tops and bottoms..." well hopefully you get the point. Regards, LG

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