GREY:SGGDF - Post by User
Comment by
martinishakeron Feb 20, 2008 9:12pm
388 Views
Post# 14517519
One thing i believe about ta charts
One thing i believe about ta chartsI believe if everybody believes in charts (regardless If ta "really" can forecast) then the ta chart will be self fulfilling.
Example, 1000 people look at a chart that looks bullish and decide to get in because of the bullish ta. Then the SP would obviously appreciate. Then individually everyone could look back and say ta works..... But it would be impossible to know if the chart predicted a breakout or the chart's bullish signals became self fulfilling.