Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Square_Dealings who wrote (60675)	10/15/2000 5:18:24 PM
From: KymarFye	Read Replies (3) \| Respond to of 99985

I enjoy Hahn's commentary, and the broad collection of material brought together on the site. I also enjoy the securitytrader.com charts that I discussed in an earlier post no one seemed to notice. I was thinking of Hahn, among others, when in an earlier post I questioned (again without response here) the validity of the Dow's supposed "diamond" formation. Like securitytrader.com, Hahn persists in using Magee/Edwards-style analysis without referring to volume patterns, a critical element. Scrutinized in relation to volume as well as other factors, neither the supposed Dow diamond nor the supposed ARBA double top nor the supposed "second top" on ARBA that's also supposed to be a "double top" qualifies as such, IMO. Both ARBA and the Dow might very well head in the direction Hahn appears to be predicting, and his use of supportive data from other areas may give his opinions more weight. If his predictions are borne out, it will have less to do I believe with the quality and depth of his TA than with some combination of luck and good wet-fingering of the prevailing winds. If so, then more power to him. Unfortunately, that's also how gurus are made, and we know what happens to them all sooner or later.