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Strategies & Market Trends : TA-Quotes Plus

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To: Shinin' Times who wrote (8291)1/12/1999 2:11:00 PM
From: John Schott  Read Replies (1) of 11149
 
Why bother:
* We don't get all that much scan traffic here (or on e-mail list)
* Who's to decide what classification(s) any scan falls into
* What if they are wrong (scans and variations thereon can be
useful to traders of many different types. EX: Even a L.T. trader might use a short term scan to decide just when to sell
* We can all use the education new scans provide, even if we don't use that technique.

In short classification is unnecessary, and will lead you to miss a lot of educational benefits (selling high after buying low is an educational benefit).
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