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Strategies & Market Trends : Strictly Buy and Sell Set Ups
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To: jils who wrote (8551)3/24/2006 11:18:09 AM
From: hubris33  Read Replies (1) of 13449
 
Dude, hey, are you serious about all of those TA lines, squiggles and indicators? After all if one reads Malkiel one would find this: "Technical strategies are usually amusing, often confusing, but of no real value." There is a whole chapter where he debunks the 'myth' of using TA to trade. That from a Princeton PhD with reams of data to support it.

Now I don't go around thumbing my nose at anyone's method of trading, and though I have yet to incorporate astrology into my methods, anyone that wishes to do so should be allowed to sans ridicule. Also if you've read the thread you'd see Moggy is up 50% this year using such techniques as part of her tool kit. Gee, unless one's results exceed such, perhaps we're missing a pretty good tool?

I think you owe the lady an apology.

H3
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