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To: Chuzzlewit who wrote (14366)3/10/1998 6:01:00 PM
From: Jon Tara  Respond to of 95453
 
Please, let's take the TA/anti-TA discussion to another, more-appropriate thread.

Now, that said, I just have to get in one little pro-TA remark. :)

You are absolutely right. There is no memory in past price and volume histories. None whatsoever. Prices don't have memories. Today's price doesn't know what yesterday's price was. Prices, charts, little lines drawn on paper don't have memories.

But people do.

Guess which one is ultimately responsible for all buying and selling of stocks?