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To: bonnuss_in_austin who wrote (35280)4/5/2001 12:25:13 PM
From: AllansAlias  Respond to of 35685
 
Wiggle refers to short timeframes, you know, intraday stuff. It's patently absurd to maintain that TA only works on wiggles. It just doesn't hold up to scrutiny.

I could post you the charts of the NDX 100 and you would see that on average, you'd be rich if you had shorted ever rally to *resistance* and scalped every *first* drop to support. Of course, us little guys can not follow them all, so we pick something we are good at or a few stocks to follow -- a niche. The big shops follow them all.