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


To: Derek DeVries who wrote (62859)11/20/2000 10:51:54 AM
From: HairBall  Read Replies (1) | Respond to of 99985
 
Derek DeVries: Charts explain. they can't predict

Most often I see this statement by folks that have had little success using technical analysis. The fact is nothing "realy" predicts. When one uses TA techniques that demonstrate usefulness (higher probability rates) and when those techniques are used properly and that is a big "when", only provides likely outcomes, not predictions. I trade real time off those likely outcomes assisted with real time technical indicators.

TA is not 100%, but NOTHING is...<g>

Regards,
LG