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Strategies & Market Trends : Technical Analysis - Beginners

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To: Trader X who wrote (11274)2/3/2001 4:44:17 PM
From: bdog  Read Replies (1) of 12039
 
TX,

"I propose we continue to focus on TA, which is by nature, predictions."

i second the proposal.

as far as predictions, i would have to disagree. unless by prediction you mean we buy an issue thinking (predicting) it will go up.

i'm more on the measuring side. it gives me tools to target up or down, giving me reward/risk ratio and targets for when a stock runs in the direction i think it may go based on TA probabilities or if it fails giving me an exit to lick my wounds...

then again FA people predict a stock will go up based on blah blah blah...
bforecastdog
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