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[sharechat] Re: Predictive qualities


From: "Woody" <solarmax@optusnet.com.au>
Date: Sat, 24 Jan 2004 00:03:02 +1000


Phaedrus
I am not always predictive. and besides any type of TA Has predictive
qualities. The very words technical analysis means the analysing of data to
effect an outcome. An outcome is predictive.

Woody
----- Original Message -----
From: "Phaedrus" <Phaedrus@techemail.com>
To: <Sharechat@sharechat.co.nz>
Sent: Friday, January 23, 2004 6:06 PM
Subject: [sharechat] Three Hits and a Miss


> Bill,
>      I posted the charts without comment or trendlines etc so as to avoid
putting any personal spin on their interpretation. Essentially, there were 3
in uptrends and 1 in a long-term trading range.
>
>  You will have gathered by now that Woody and I co-exist at opposite ends
of the TA spectrum. His systems are predictive while mine are reactive.
>            Regards,
>                      Phaedrus.
>
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