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Strategies & Market Trends : Technical Analysis - Beginners

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To: TechTrader42 who wrote (11809)	4/2/2001 11:59:58 AM
From: TechTrader42	Read Replies (1) of 12039

Another problem with the SwingCharts indicator is that it seems to be too dependent on price. Prices haven't been reliable in this market, and so indicators haven't been reliable. Perfect Trader Inc. offers a wide variety of indicators that move independently of price -- self-determined indicators, or self-motivated, if you will. These indicators aren't bound by the limitations of traditional indicators. Because prices cannot affect them, market turbulence has no effect on them. Studies show, in fact, that prices have absolutely no effect on these remarkable new indicators. Most indicators are flawed in their "ineluctable historicity," as you know. Perfect Trader Inc.'s indicators are not. There's nothing ineluctable about them, which is a good thing. Even their modalities are not ineluctable. Unfortunately, these powerful new indicators are not available to beginners in the field of technical analysis, because they'd be subject to misuse. I myself am not permitted to use them. Use is restricted to certain members of private mail lists.

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