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The driving force behind technical analysis



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The driving force behind technical analysis, to true life saga played
out in the hot Texas sun two years ago on a multilane stretch of road
under construction. As I set parked in traffic waiting for the Lady
Officer to waive myself and the multitudes of course behind me. I
thought perhaps she may have fallen asleep behind those deeply tented
sunglasses she was wearing so I gently beeped my horn just make sure
if she had fallen asleep I could get her awaken before she hit the
pavement.

But  evidently  she  in  fact was not asleep and did not appreciate my
actions no matter how good my intentions. As I set there now with half
of  Dallas's  population  who own cars behind me, I watched three more
red  lights  turned green and back to read without moving so much as a
foot. So in what I thought was the best interest of the general public
communicate  my  feelings  of  claustrophobia  both  mechanically  and
manually  by making verbal sounds with my mouth. Evidently she did not
have  a  great  appreciation  for my concern of her lack of ability to
perform  her  given  task.

Of  all things as a reward for my failed efforts are received a ticket
issued  for  disorderly  conduct.  Having long experience with matters
like  these,  I  knew it was futile to do anything, other than send it
over  to  attorney  who  was driving a Volkswagen that needed paint 20
years ago and who's secretaries are now driving Mercedes. So anyway my
attorney  whose a smart lady knows the ropes around the Dallas traffic
judicial  system  pretty  well.  She knows the longer something can be
postponed  the  more  likely it can be dismissed.

In  this  case  we were hoping that maybe the female officer's live in
might  become pregnant and the officer would need to find a less risky
line  of  work  to  support her lover and baby. ;- ) Or something else
like   that,   which   would   help  maintain  my  absolutely  perfect
non-criminal  history.  Well there was that one exception back in 1979
when  the  Fed's  got  all upset over an article in Soldier Of Fortune
magazine.  But  you're  not  a  real  Texan  unless you have the Fed's
investigating  you  at  some point in your life.

As  I was driving back for my court victory this morning, I realized a
couple  of  things. One is I have a car that is five years old and has
less  than  40,000  miles on it. Secondly I discovered that driving is
like  technical  analysis, I mean exactly the same. I will demonstrate
correlation  between  the  two.  Priding  myself  somewhat as an alert
driver  well  aware  of  his  surroundings. I observed that when I was
approaching an intersection I would immediately start to scope out the
participants  at  the  red  light in front me.

I  started  to  group them first by the most obvious indication that I
saw  which  was  newness of the vehicle. The theory being if a car was
smoking  from  the  tail  pipe or has dull paint and is leaning to one
side  it  probably  will  not  be up to my acceleration criteria. As I
approach  the participants in front of me having accumulated the input
data and stored it as to the newness of the vehicles etc.

I  realized  I was on to the next indicator which I rely upon, that is
the  numbers  of  occupants  in  the vehicle. The theory been the more
participants,  the more conversation that will have been a less likely
that will be paying attention when the light turns during - thus again
not  meeting  acceleration  criteria to follow it. Next I observe what
the  operator  of the vehicle is doing, if they're smoking I take that
into  account.  If  they're eating, drinking are talking on the phone,
each  one of these different inputs is placed into my formula and will
have  a bearing on my decision " who" to lineup behind at that the red
light.

I  then  turn my attention to try and differentiate age, this judgment
is  made  by the observation of posture, hair color, hair length - and
oddly  enough  the make of car. I even go as far as to observe the car
has door handles are not in the traditional sense, meaning those which
protrude from the body off the vehicle. Lots of older people by Buicks
because  the  one  of the few vehicles that is manufactured that still
has  door  handles.  Of  course  experience in plays a big hand in the
dissemination  of  the  information,  and  has  a direct impact on the
output  decision.

A  red  low-slung  sports  car  does  not necessarily become the first
choice  to  line  up  behind,  its occupants may be a male and female.
Under this scenario you still have to evaluate other variables such as
the  age  difference  between the male and female occupants. Simply to
say  that their male and female does not automatically imply that they
would  be  hot  lovers  who  are  more  interested  in each other than
driving.  They could be father daughter just as well, that throws them
into  whole  other  category.  If  on the other hand the occupants are
clearly  boyfriend girlfriend - that's one thing. If the male is using
this  cell  phone,  this  would  be  a  larger  detriment  than if his
girlfriend  was  using  the  cell  phone.  The distance separating the
boyfriend  girlfriend should also be taken into account.

Items  such  as  bumper  stickers, and what they say will have bearing
upon  my  decision  as  I  continued to analyze the traffic slowing in
front  of  me.  Answer me this, why would anyone have a bumper sticker
that  says  if you can read this then you're too close? This is a sure
sign  that the driver of this vehicle fully understands that the world
is passing them by, and they have absolutely no desire to try and keep
up. On the other hand I fully appreciate those big yellow signs in the
rear  glass  which  say  baby  on  board.  These  people truly must be
recognized   for   their  brilliance.

With  one  small  sign  they've  accomplished  both my goals and their
goals.  There  goals are to keep me from pile driving than those of my
car  into  the  rear  end  of their vehicle at a speed which he surely
twice what they are driving.

My  goals  which  they  are  helping  me  to  obtain  is  to  identify
slow-moving  obstacles  which  are  clearly  not  conducive  to proper
traffic  flow.

I  could  go  on and down about possible various scenarios of infinite
numbers  of combinations of the technical analysis of driving. Just as
I  could about trading, I think if I had to summarize I would say that
all  the input data in the world doesn't matter by itself. Being alert
and  a  good observer is quintessential to survival and advancement in
the human race. Very few people are truly observant and aware of every
aspect of life and work. So it is in trading the same.

Mark Brown