out by three - wednesday, page-12

I've spent a lifetime devoted to TA and even I'm the first to admit that so much of it is just stupid.

I trade levels very successfully, however it isn't that far of a stretch between mathematical levels of significance and random eyes closed levels with no meaning.

Below I actually closed my eyes and plotted five horizontal lines on LYC. It is possible to make a profit off that chart. So much of what we do is nonsense.