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To: Denise D who wrote (20216)4/14/1999 1:19:00 PM
From: Ruyi  Read Replies (7) | Respond to of 37507
 
Cy on Alberta plunged 50% a few min. ago do your charts show anything similar in store for BII ? Very low volumes today on BII !!!



To: Denise D who wrote (20216)4/14/1999 1:26:00 PM
From: WhatsUpWithThat  Read Replies (1) | Respond to of 37507
 
Denise

Just a brief word of thanks and support. Whether perfect or not, TA has something interesting to add, and there's many here who appreciate the fact you're contributing to this thread what you develop from your work with TA. Your posts prove over and over that you're pretty much the most reasonable one here and certainly not trying to move either people nor prices.

JP, your approach is unneccessarily agressive and immature. Disagree with an analysis, disagree with the validity of a tool, but leave name calling for the schoolyard.

WUWT



To: Denise D who wrote (20216)4/14/1999 1:38:00 PM
From: John Paquet  Respond to of 37507
 
Denise, I did not say that I disapprove that people use TA or secondary TA like mA, RSI, and MACD, and many others.

All I am saying whoever is using TA methods is subject to that your own rationality, good critical thinking and not 100% depending on it. Or else every Technical analyst just comes to the market place and make a titanic fortune and people do'nt have to work any other professional just study TA and make good and decent living.

Unfortunately that is not the case, Denise, Use your intelligence and rationality weighs more than depending on any TA.

All this secondary TA is hindside, they have based on the past trading data and do some sort of tranformation and computation and hope come up some forescasting power. The only scenary that TA would work very well is under on big assumption. That is there is nothing changes in the market place same people do the trading, same company conditions, and every thing is assumed to be the same then your TA model wili work 100% correctly as the condition is assumed to be not changing.

But, Denise, they are many things are changing in the market place, different people differnt needs, different trading patterns, there are just too many factors, Denise.

JP