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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: da_cheif™ who wrote (7638)11/23/2001 12:34:07 PM
From: ajtj99  Read Replies (3) of 99280
 
OK, cheif, we'll forget F/A. What about rising wedges? Are they going to be negated on all the indexes? What about the historically high RSI numbers last week. Put/Call ratio? Re-traces? Two rallies this year that have been stopped by 75-150 point head-fakes over a major Falling Resistance line?

I agree T/A is powerful. Historic reference is powerful. I think waves are also useful in the context of T/A too, but I don't believe all other T/A tools should be subordinate to waves.
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