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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?

To: Trader X who wrote (11274)	2/3/2001 12:29:23 PM
From: TechTrader42	Respond to of 12039

Without talking about money management when discussing TA, it's like venturing onto the tightrope without mentioning the net -- at least in my opinion. But I'm not an aerialist, so what do I know? I wonder whether the Flying Wallendas ever walked the 200 SMA? Since they didn't use a net, they probably didn't dare.

To: Trader X who wrote (11274)	2/3/2001 12:33:10 PM
From: Michael Watkins	Read Replies (2) \| Respond to of 12039

TA, which is by nature, predictions I couldn't disagree more, but that's my opinion and doesn't mean we can't all voice and discuss different perspectives. Analysis is about measurement. Measurement is of the past, the already happened.

To: Trader X who wrote (11274)	2/3/2001 2:21:05 PM
From: Dick Brown	Read Replies (2) \| Respond to of 12039

I can't totally agree..Most of my decisions are anchored to TA..My choices are limited..long, short, stay out..So when I take a position long for example I'm not predicting as much as I am recognizing an uptrend and until proven different that is how I will play the situation.. Dick.

To: Trader X who wrote (11274)	2/3/2001 4:44:17 PM
From: bdog	Read Replies (1) \| Respond to of 12039

TX, "I propose we continue to focus on TA, which is by nature, predictions." i second the proposal. as far as predictions, i would have to disagree. unless by prediction you mean we buy an issue thinking (predicting) it will go up. i'm more on the measuring side. it gives me tools to target up or down, giving me reward/risk ratio and targets for when a stock runs in the direction i think it may go based on TA probabilities or if it fails giving me an exit to lick my wounds... then again FA people predict a stock will go up based on blah blah blah... bforecastdog