ACCO: 800America.com, Inc Message Board

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Non-Tech : ACCO: 800America.com, Inc

ACCO 3.435

-0.3%

Nov 10 3:59 PM EST

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To: stormrider1 who wrote (343)	2/3/2007 10:28:47 AM
From: ajtj99	Read Replies (1) of 694

storm, I just follow the charts. While I do believe we will have a double dip recession in late 2008 or early 2009 as well as 2011, I do not use that in my analysis (in fact, the double dip recession is extrapolated from charts). Whether we need oil or don't need oil is not part of it either. I find that fundamental analysis is often fright with bias and rationalizations for an existing bias. I prefer to use charts. Charts are neutral and non-biased, and the rules applied to chart analysis are quite rigid within the context of the observed probability and outcome ratios. There is a bit of interperative analysis required, but a good technician with trading experience can improve probabilities even more.

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