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To: Seamus McKenna who wrote (81812)4/28/2000 11:24:00 AM
From: MeDroogies  Respond to of 97611
 
Oh, I know. I have come to respect alot of TA as I learn more about it. Still, it only improves your odds of making a good entry or exit. It doesn't MAKE things happen. It just makes them more understandable.

I once read an interesting comment on Economics as a science (I've got and MA in it)....Science doesn't seek to predict, but to explain. Once we understand that, Economics goes a long way toward explaining things. The fact that in other sciences predictability occurs is simply an added benefit. Still, much of what happens in science remains unpredictable if you are constantly altering the environment in which it occurs, or the perspective from which it is viewed (as is ALWAYS the case in economics).
I think TA has to be viewed from this perspective for it hold any value.