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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Doug R who wrote (30010)5/31/1999 9:41:00 PM
From: j g cordes  Read Replies (1) of 79243
 
Doug.. thanks for your generous reply. I've had a life of living outside the box so I'm gratified you didn't take any of my comments as being critical. So glad to see a level headed pursuit of technical analysis. The nice things about TA these days is that its so popular and relied on by so many that one can quickly estimate price trading targets knowing that others are doing so also. The climb in interest rates to approach 6% comes to mind.. it may not make fundamental sense but the chart provides its own cause and fuel.

Jim
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