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Post by ppppp3571113 on Jan 24, 2011 20:59:26 GMT -5
curious  My vote = not reliable. |
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Post by Clinton SPX on Jan 24, 2011 21:39:01 GMT -5
almost useless 51/49 IMO
The only thing that has a function is the neckline all else should be ignored
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Post by benvestor on Jan 24, 2011 22:04:34 GMT -5
It can be useful.. it has to be properly formed and have a long duration.. like over a few weeks or months.. a few days, or hours usually does not make a reliable head and shoulders..
logically and psychologically tho it makes some sense .. people say ooh its going up.. ok buy makes a shoulder.. then waiting hrm.. people buy more making a head.. then something spooks the stock or profit taking ensues until the other shoulder (previous resistance) becomes support, until people just decide or the momentum lends to selling pressure.. something like that.
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Post by bullorbearnopigs on Jan 24, 2011 22:25:44 GMT -5
if it works, use it.  otherwise, stop out.  |
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Post by theMIST on Jan 24, 2011 22:28:10 GMT -5
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Post by bullorbearnopigs on Jan 24, 2011 22:37:54 GMT -5
and the best performing indicator is ..... (envelope please) ...... a-hem ....... |
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Post by Clinton SPX on Jan 24, 2011 22:49:51 GMT -5
and the best performing indicator is ..... (envelope please) ...... a-hem ....... I'd say trend |
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Post by bullorbearnopigs on Jan 24, 2011 22:51:48 GMT -5
and the best performing indicator is ..... (envelope please) ...... a-hem ....... I'd say trend price (action) |
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Post by theMIST on Jan 24, 2011 22:55:20 GMT -5
Best performing indicator... When C trades above $5!   |
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Post by kbk3ck on Jan 25, 2011 0:15:38 GMT -5
Yes, when they work. Not that good when they dont.
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Post by brosin on Jan 25, 2011 0:31:37 GMT -5
Yes, when they work. Not that good when they dont. Joe - as much as you were kidding *these are my thoughts on TA in general* I'm not joking but I hope everyone doesn't feel like shooting the messenger  |
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Post by brosin on Jan 25, 2011 0:32:57 GMT -5
and the best performing indicator is ..... (envelope please) ...... a-hem ....... I'd say trend I think if I was cornered on it, I would default to volume. |
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