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To: MechanicalMethod who wrote (1169)10/5/2000 5:52:18 AM
From: Arthur Tang  Read Replies (1) | Respond to of 1471
 
As you know, I cheat by looking at overbought and oversold. The guess on the market maker's personality and his inventory of shorts or longs(his basket of investments, they do 16-25 stocks each), makes my analysis better.

But, it can be done by technical analysis if the concept progressed to predicting 6 month to a year beyond today by looking a thousand curves, and thousands of variables. And to generate a composite curve of price and volume in the days to come. It is object technology in software jargon. It is high level design language and best of breed generators. You know I almost defined it to be SAP? But SAP is for product marketing only.

Your method of technical analysis can not be touched with a 10 foot pole, because I have not used it. Why not take the easy way out and cheat?