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 : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?

To: quasi-geezer who wrote (14563)	9/6/2001 4:22:42 PM
From: ChrisJP	Read Replies (1) \| Respond to of 208838

We are in phase where neither FA or TA really works. The only reason why TA works at all right now is that so many traders use it that it becomes self-fullfilling -- until something happens that makes them rethink the next "level". Read some of the TA posts here ... you'll see in aggregate, they make no sense. You will see many posts that say "the next support level is such-and-such -- unless it is broken". HELLO !!!!!!!!!!!!!!!!! If it got broken -- even after triple bottoms, it wasn't much of a support level, was it ? What makes sense is that everyone is selling. Chris