MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 14 4:00 PM EST

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To: Gersh Avery who wrote (10503)	4/10/1999 7:24:00 AM
From: accountclosed	Read Replies (1) of 99985

I would venture to guess that alternate methods of TA would be much more successful these days than the more traditional methods. When everyone has the same tool, it negates the value of the tool. In addition, I believe that traditional chart formations are being used to pick traders pockets. Vitas asks how do they fish the stops .. I think that "they" set up the charts in such a manor as to cause the most stops to be set at pre determined locations in preparation for fishing the stops. I don't disagree with this. But a question back to you. Who is fishing the folks fishing the stops? Isn't there always a meta-analysis? And does this chain of meta-s go out linearly or does it loop back into itself? How to know whether one is hunting or hunted...

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