Hi Kbear1.
"You seem to be getting a kick out of lampooning Rob, taking advantage of his suspension and inability to respond."
No mate it's just some harmless fun. I like Rob (although he can be a handful), he's grown on me. His suspension isn't my doing. (not the brightest thing to do, to be flaming the mods)
"Technical Analysis is a predictive tool based upon historical and emerging trading patterns. It can't take into account the effect of as yet unknown major company making/breaking scientific announcements.
IMO therefore, the scientific results have the potential to render all previous TA patterns null and void, one way or the other. At least until the market has the opportunity to digest the news and establish a new trading paradigm."
Exactly kbear1. No one can predict what is exactly pending and whether it will have a positive influence on the sp.
You're talking about the unknown element which is eliminated from TA.
(the love & emotion for FA company news)
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