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Strategies & Market Trends : YEEHAW CANDIDATES
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To: Sergio H who wrote (12672)10/13/2005 10:48:05 AM
From: Ken W  Read Replies (3) of 23958
 
Sergio

"Acampora and a whole lot of TA gods have been fired. I found that to be of great interest. Doug R. said to me that once a technical analyses system is discovered its not as good anymore and it continues to lose its effectiveness as it grows in popularity."

True! Seems once "everyone" has the formulas, charts become the victims of personal "reading". Schwab's TA unit will give you two different readings from the same set of parameters from two different people. I've just about given up on TA as a tool.

Ken
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