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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.00+1.0%4:00 PM EST

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To: HairBall who wrote (1184)12/10/1998 12:10:00 PM
From: Haim R. Branisteanu  Read Replies (2) of 99985
 
LG, I will reiterate again that my statement was not intended to insult any one but to point to the fact that TA does not over rules fundamentals.

In many cases TA help to notice deteoration of fundamentals or improvement of fundamentals etc., but reliance only on TA is wrong.

Aside how and why I do generate the computer scans? if not by TA formulas??

TA is a statistical tool which does not guaranty always the correct movement of prices.

I hope I made myself clear, and yes I got insulted from the poster.

Haim
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