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Strategies & Market Trends : Longer-Term Market Trends
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To: skinowski who wrote (377)5/3/2008 3:12:34 PM
From: AllansAlias  Read Replies (3) of 3209
 
JPM may be sporting a rare pattern:



It's only after the fact that we know if the pattern was "real". A TA pattern has to look right, which we can see as it is being built, but it also has to act right, which we only see after the fact. TA works because the patterns act right somewhat more than half the time.
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