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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Ibexx who wrote (35869)3/1/2002 9:34:02 PM
From: bcrafty  Read Replies (1) of 99280
 
Ibexx, I agree with all of Delph's comments

TA is never going to be good at predicting the exact time of reversals, particularly a news-driven intra-day reversal. Also, remember that TA speaks in terms of probabilities, not certainties.

If you want to see TA call future moves, try watching moving average crossovers. You won't catch absolute tops or bottoms but you'll catch fat middles, especially on continuations. Here's an example below: askresearch.com
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