morning skippa
well, we sure know that we have had a fair old few of them - ref. posting history.
those aside though - really the entire 'art' (not science) of TA - definitely has a self fulfilling aspect to it.
You can see it post after post ---- and, if anyone buys or sells using TA for entry or exits (and, yes, I do) - then we just reinforce it.
Which is ok if you are entering a long - but a real bummer if you are wishing to stay long and the sentiment is crook.
Of course institutions and professionals bleed this for all it's worth - and, why wouldn't they - if we are all stupid enough to not only believe it - but, participate in it ourselves.
Weird world we have made for ourselves eh?
Pinto
TA discussion, page-4956
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