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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts
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To: Cheeky Kid who wrote (33565)5/15/2000 1:16:00 PM
From: Jorj X Mckie  Read Replies (2) of 63513
 
I think that Wxbusboy said it best. It is the interpretation of the charts that matters. Some TA methods offer a greater flexibility in the interpretation. Another thing is that each individual may be a bear or a bull based on fundamentals and then choose a TA method that tends to support our beliefs. If one finds oneself to always be bearish or always bullish. No amount of TA will sway this. On this thread, you will find a predominantly bullish bias, however, we have all gone to the dark side at one time or another (talking about the piffers here) and most of the time in a very timely manner.

I am not trying to convince you to use TA. Ulitimately FA will win. But I assure you that even FA is open to interpretation. How can some people be bearish on CSCO after analyzing the fundamentals, when others can be rabidly bullish? (the answer is: Because the bears are boneheads and the CSCO bulls are enlightened beings).
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