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

To: Galirayo who wrote (137374)10/11/2006 3:52:41 PM
From: Henry J Costanzo  Read Replies (1) | Respond to of 209892
 
OT...

Great, Ray...afraid you got me...AGAIN...LOL



To: Galirayo who wrote (137374)10/11/2006 5:04:45 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 209892
 
Normally, what is believable is historical precedents and the odds that something will go one way or the other based on prior history.

W.D. Gann did that.

If you have enough data to trade any given market on historical precedents you'll probably do okay with it.

Works better with commodities but it's been shown to work in SP as well.

With individual equities it's dicey at best.


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