mondays mess, page-24

Question for all you technical analysts (TAs) about the value/accuracy of a couple of TA blogsters whose articles I often read and appear to my non-TA trained mind to have possibly been right in recent times:

1. Nadeem Walayat - The Marketoracle (UK based)

He went long in March 2009 and keeps writing about a "Stealth Bull Market" that is to continue into 2011 and beyond despite all the doom and gloom.

2. Tim Wood - Cycles News and Views (US based)

Wood specialises in the Dow Theory and has written again that despite what others have been saying (such as Richard Russell) his TA indicates that the DOW Theory regarding a return to a major downleg has not yet been confirmed by his analysis (eg

http://www.financialsense.com/contributors/tim-w-wood-cpa/dow-theory-update-07-09-10

His website is http://www.cyclesman.info/

Wood believes a further longer term downleg will come, but he has not yet seen the signs for this and thinks the market will go higher in the short term.

What do you think about these TAs. Anyone been following them, and did their views agree with actual outcomes in your view of how things turned out?

Thanks

loki

(This post was today placed in error on XJO's previous thread which I presume is now closed for discussion, so I have therefore reposted it)