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To: Edward Boghosian who wrote (132107)	4/25/2012 12:49:49 PM
From: Trader J	3 Recommendations Respond to of 213177

No way. I did a lot of TA work in the late 90s and early 2000s until I did a major personal research topic about the cause/effect vs. impact of TA trading. And while there are many points that I like to follow, I found that I can use the TA crowd to front run price movement moreso that following the TA as a predictor. I know that sounds odd, but you'd have to understand my level of objectivity in all things market related. I wouldn't have arrived at that conclusion unless it was clear that I could/should do so. That is why I'm now a psychological trader that uses certain TA points that have some psychological aspects built in. Support/resistance lines, MACD and certain crosses are some that I follow. No TA that I've found yet will help with psychological catalysts that play into fear/greed movements. But I love TA for the fact that many, many use it and swear by it. For me, I use it as a herd mentality variable. Not discounting that TA can work, I just have found that tracking the expectations of upcoming/occurring events from the TA community has worked more effectively for me. Cheers. tJ