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Strategies & Market Trends : Technical Analysis - Beginners

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To: Chip McVickar who wrote (11156)1/31/2001 2:04:30 PM
From: Trader X  Read Replies (1) of 12039
 
Chip,

I think you understand the gist of my argument. Mechanical systems are not a substitute for a basic understanding of TA.

Everything else in this statement has not been thought-out very well.

Perhaps it seems that way because I've painted with a very large brush and not gone into details.

"TA is not about systems code."
I say this because a person learning to drive a car should not be confused or dissuaded by instruction on how an automatic transmission works. Learning to drive isn't about learning the mechanical details, it's about how to use those parts in a holistic scheme to get from point A to point B.

Witty and derisive dismissals (not by you Chip) are a defense mechanism to avoid seeing the truth. The truth is, the boundaries of this thread have been pushed into grey areas that compromise the intent of its creation.

IMO.
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