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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: Tim Bagwell who wrote (16396)	8/5/2002 3:00:11 PM
From: geode00	Read Replies (1) \| Respond to of 42834

And now he has the nerve to berate charting. Well, I guess he would know the pitfalls as well as anyone. LOL. I believe he said that TA was "easy" and that he only believed in support and resistance. If that were true, he would have clearly seen that the QQQs failed to go through the 50 day EMA in late October and violated support in early November. He also had another opportunity to get out even in early December when the QQQs again failed to get above the 50 day EMA. There was even a one day island top in late December which would have been an incredibly bearish signal. I don't know where Bob was but he was incredibly arrogant and stubborn back then.