Forum Archive Index - October 2003

[Capitalist <capitalist@paradise.net.nz>]

I did *not* say all TA practitioners are peddlers of snake oil- far from it- I have some TA people I on heavily myself for trading purposes. What I am saying is that the system is only as good as its practitioners, and there are a lot who choose to use it subjectively.  Look at the head and shoulders fiascos  when certain persons were advising all to buy puts for example on sharetrader because this suited their permabear preconceived ideas. The market did exactly the opposite.