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Non-Tech : The Critical Investing Workshop

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To: chic_hearne who wrote (35273)4/5/2001 12:08:18 PM
From: AllansAlias  Read Replies (1) of 35685
 
but it seems TA hasn't worked very well the past year and has only gotten worse

To whom are you referring? I hope not all the silly types who are using moving averages and fancy indicators -- they have had their heads handed to them. I think Shack, heinz, and I over on CFZ and many on bearforum have been doing fine. And, please, don't say we are just riding it down. I am referring to people that get out of the way in time to avoid big losses and who can see good entries for riding it down on the next leg.

How many TA types were there in 1929? Very, very, few. Did it work? Well, it's damn hard to find much literature on the subject other than the Dow Theory types, and, of course, they all claim they saw it coming.

Your question may be a good one, but interests me not at all.

I'll say it again -- I have no interest whatsoever in a general debate about TA. You've looked at enough of the charts I've posted. If you think on balance that they have not been a help or I have been worse than average or worse than an even bet, then just ignore the stuff. -ng and without any malice whatsoever.

Cheers
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