The 56 Point TA; Charts With an Attitude Message Board

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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Doug R who wrote (36866)	9/14/2000 4:21:34 AM
From: bdog	Read Replies (1) of 79382

Dr. 56, "The initial "50%" reference was about support being broken 50% of the time" I'm not sure how you got support out of the discussion. Cube was clearly talking about the reliability of indicators. "So whether you use Fibonacci numbers in your Stochastics, MACD or any other indicator settings, make them no more or less accurate than the inherent accuracy of any indicator to date. Which is at best 50%." In either case my gut is 50% reliable 100% of the time. especially after the fact...>g< b50/50dog ps: or was that 100% of my gut is 50% reliable...

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