| | Flack, it's real hard to win on this board. One person asks me a question or references my post and when I answer it another person gets mad.
It's not about boasting. I could sit here all day and talk about logic being an enhancement to TA and without proof or results everybody would say, yeah, sure, right.
So I give an example of my logic that is in contradiction to the TA of the moment and you call it bragging. If there were other examples I would use those.
Bottom line people don't address what I'm talking about. They sulk, complain, attack me, threaten to leave (so people will beg them to stay and make them feel good) etc.
Why would it be so hard to say, "yeah that's right and this is also true" or "that is wrong, and this is why".
I think something else is going on. My simple little story about Tommy shouldn't have alienated you so.
So why do I keep posting this. Other people keep bringing it up. Please note that I'm responding to your post and not initiating a post.
So what's the bottom line message of all of this.
There are exceptions to TA techniques and instances when TA doesn't work. When I use any tool I would want to know it's limitations, in the stock market or in the real world.
(btw if the TA for the moment is all technical indicators portend to the market going down and if it then goes up, those technicals gave the wrong signal)
It really seems like defining the exceptions to TA would be appropriate conversation around here but it seems to put people on the warpath.
P40 is right. I'd like to see results. But I'd like to see them in clearly defined buy or sell signals. After all that is what the horrible Tommy story was about.
I'm sure some TA person is now squirming saying, "But that's not what TA is about"
If that is not what it is about then why are we here?
Other people are probably saying, "Well it's about giving percentages about various probabilities of market direction"
Then let's hear those details.
What I think is people don't want to lock themselves into something definite because they don't want to take the risk of looking wrong.**
THERE IS NOTHING WRONG WITH BEING WRONG.
It is the first step in learning.
So let's look at TA when it says one thing and the market does another and see what the variables are that created the inconsistency.
Of course, most of the TA around here never says one thing while the market does another because the TA around here always has an escape clause.
The market rallied today that could portend to more up movement tomorrow but we could be oversold resulting in a pullback.
Now what the heck is that.
And I'm not really asking when to buy or sell. And that's why I, for myself, introduce other market elements to help me make my decisions.
If sharing makes you want to take a break from the board, maybe you need one. I think most people would prefer that you stay since you are one of the most knowledgeable and friendliest guys here.
You might call this post grabbing the limelight. I call it an honest discussion of TA.
I hope all those people that will have the need to put on their armor and fight for the cause will follow drbob's rules and discuss ideas and not attack the messenger.
If this post is immature, I may not want to grow up.
Sulking and running away is immature.
**There are exceptions to every rule. Indexit reads the charts and puts his behind on the line almost every night. |
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