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Strategies & Market Trends : Harmonic Trading with The Phoenix

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To: Haim R. Branisteanu who wrote (848)7/8/2003 10:47:28 AM
From: Ramus  Read Replies (1) of 941
 
Haim,

"The reason that those numbers work sometimes is that many use them and believe in them." I've always wondered about that but have no firm belief either way. I mostly trade the ES and YM and when I think about what is driving those, the underlying indexes, all those stocks, all those people, traders, institutions..... I wonder how much of it is really based on technical considerations and I wonder how many technical trades are biased by emotion and to what extent? Hard questions to answer....
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