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Old 04-03-2007, 06:09 PM
dalby dalby is offline
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Re: Technical Analysis: Is it voodoo? Or does it work?

i hate semantical wanks as well

i see a lot of people who use TA (especially market profile) want to distinguish THEIR form of TA (the alleged scientific non-voodoo kind) from other TA

the simplest way to look at it is - if it's not fundamental analysis - it's probably TA

and if it relies on price, or any derivative of same - it's TA.

thus, market profile is TA (although most MP users hate to admit that) etc.

fwiw, i love TA. and i trade the dow minis intraday

i also love fundies. i have bought some investments without even looking at any charts whatsoever.

but i would not do that with an intraday futures trade, needless to say

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