Feb

10

Mr. Bollinger is correct in that all of my trades, my colleagues, and my many followers, and many former employees, a google of whom are contributors to this site, use quantitative analysis of prices, volumes, seasonals, interactions, et al to base their trades. That's a good modern definition of technical analysis I think. In addition, as Mr. Bollinger says, most of us from time to time look at charts. However, many of us, don't believe that charts are predictive except in the sense that commonly used chart techniques like triple tops, and pivot points, are deceptively inviting for bad trades, and should be coppered. A good paper on superstition and ritual in pigeons is most educational I think.


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