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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: John Madarasz who wrote (7920)	7/25/2001 10:05:26 AM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 209892

In partial defense of Security Trader, I think although they are CLEARLY too loose in their pattern description (ie, calling too many H&S's), many times Blaine sees a tradeable pattern and labels it so his readers (who often AREN'T real sophisticated TA types) has some idea of why he makes a call. For example he'll see a trendline retest and labels it H&S so that the reader will know it represents tradeable resistence. And he's made tons and tons of good trading calls on the set ups. It's a good "training wheels" site when you're starting, and later on good for occassional ideas on stocks you don't necessarily follow much but it certainly does have its limitations.