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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Simon who wrote (10721)12/2/1997 1:24:00 AM
From: Lazarus_Long  Respond to of 94695
 
<< I do not see how mathamatics can predicit movement of stocks except perhaps vol. figures to some extent. How can you write a formula that reflects what thousands of people and all the Fund managers are thinking. >>

Precisely my point. Yet TA does imply that patterns repeat. If that's the case, somehow or other I can predict it, and if it relies only on numbers and charts, I should be able to at least use statistics to verify the reliable repiittion of the pattern. And TA says I can predict.