If TA don’t work, I don’t what
will in trading. These guys are such waste of time to even watch them. I don’t
usually watch these newscasters and bozo guests; just on YouTube. Just
can’t believe the quality of media like CNBS can still survive in the US.
From: realtraders@xxxxxxxxxxxxxxx [mailto:realtraders@xxxxxxxxxxxxxxx] On Behalf Of Pete Lieber
Sent: Tuesday, October 28, 2008
8:54 AM
To: realtraders@xxxxxxxxxxxxxxx
Subject: [RT] Classic Technical
Analysis
Mark Haines of CNBC and other talking heads have said that
technical analysis does not work in this current market. In going over
today's action I could not help but notice that traditional TA certainly
worked. On the attached 1-minute chart of the S&P I noted classic
chart analysis of today's action.