Re: Technical analysis
My point is that if the argument is whether any method of technical analysis has predictive power and isn't just an indicator that has been correlated to past results, pointing to the results of someone using the method in question isn't particularly helpful.
You can make money using a flawed strategy to predict the market, just like you can make money using any sort of flawed strategy to make gambling decisions. The question is how long you stay lucky.
scrub
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