| So I've been looking for stock price patterns, especially that BaDaBoom pattern. I needed a spreadsheet that moved a 1-year window through ten year's worth of stock prices, like so:  Then, armed with coffee and patience, I scan the prices, looking, looking. Where IS that winning pattern? One-of-these-days ...  Click! |
Thursday, December 31, 2009
Stock patterns
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Modern Technical Analysis has come a long way since computers.
ReplyDeleteNow, we can find images in Price charts using our computers like the Ancient Astrologers discovered Constellations they named Andromeda and Cassiopeia and kept extensive records of Star movements.
Then, they predicted the Future as do our modern Technical Analysts. At least the present day TAs make a lot more money than they did.
Not from their Investments,but instead from selling their Predictions.
Reading Tea leaves and entrails has benefited enormously from computers ;-D
TA is like Astrology,
ReplyDeleteWith just a touch of Mythology.
I pay little heed,
But it's fun to read,
Like gee-whiz and golly-gee.
:^)