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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (1217)12/10/1998 2:57:00 PM
From: Challo Jeregy  Read Replies (1) | Respond to of 99985
 
Haim, Your concerns are valid re All my intention was to warn the novices not to rely to much on TA specially that I publish my scan daily which are pure TA scans.

The other day one of your scans read BA - breakout on volume. If one were to have checked, they would have seen that BA had announced major layoffs, coupled with bad earnings, etc., and took a big hit.

To sum up the TA, FA conflict . . . I would say that both are important, both have a place in the decision making process. Depends on one's time-line as to which one takes precedent.

Now, if I had just done more DD on your FDX scan . . . <VBG>
Challo