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Strategies & Market Trends : Technical Analysis - Beginners

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To: Richard Estes who wrote (10364)	5/28/1999 1:06:00 PM
From: Herc	Read Replies (2) of 12039

That's all very well & good. But it doesn't mean a lot of buyers & sellers were doing battle along the M.A. line like with price support & resistance levels. So I guess M.A. lines as sell/buy signals are just self fulfilling prophecies due to all those disciples of T.A. T.A. is supposed to help us understand the psychology of the mkt, and I can't comprehend the psychology of M.A.'s.

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