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Strategies & Market Trends : Technical Analysis - Beginners

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To: Chip McVickar who wrote (11154)	1/31/2001 1:49:42 PM
From: Trader X	Read Replies (2) of 12039

there is an underlying order to chaos, and even to stock market prices. I would go so far as to say there is no such thing as chaos. We only perceive chaos because of a lack of understanding. support / resistance figures prominently here, as does the stock's beta, and the strength of the market background environment. i.e., is the market in a blowoff top, or making a bottom reversal? which is the reason I've entered into a discussion on the basics of TA with Brook. If you understand the underlying principles, then finding the perfect code to do it for you is not so important, unless you need it to take the emotion out of the process.

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