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Who knew trendlines could evoke such passion???

Kiwi,I had no idea you were this far gone...The fact that you spend one second of your day wondering if it is better when YOU let someone post info that is clearly wrong(only in your eyes) for the sake of a peaceful life....That is one scary statement,and the trendline does not look...

yes,i am a "cant predict the maket bigot" and horrific speller and you are a trading numnut....:)

Mr Hershey, I have always found your posts most intriguing,though i readily admit I havent studied your teachings.As you have generously taken the time to address me,and in fact made me smile,I will carefully read up on your methods.. My cup is emptied...

Why thank you MP..I will take a look..thats very kind of you!!

I meant it was a valiant effort to "convert" me.... Dont know if any of you used Advanced Get,but i did for some time.I had asked them over and over to supply a simple simuator.Just a method where you could apply whatever technical criteria one liked,and by clicking you could enter on a...

My good friend Kiwi, If I was to label anyone in this thread with a disparaging name,you can sleep well tonight knowing you would be at the top,middle and bottom of the list..If I have been disparaging to anyone other than you,I humbly aplogise.... It would appear that those in the...

That was a valiant effort on your part:)

Aus,I think everything works in the hands of a skilled discretionary trader,and thise very same tools fail miserably in the hands of those who do not commit themselves to their craft..That is really my contention.I have seen very profitable traders employ Gann,Andrews and even Elliot.With that...

Kiwi,it is true that you only thought the first part of my statement was rubbish. My question to you is have you ever run backtests or simulations on TRENDLINES and if so,would you please share some of the code.That would go a long way in substantiating your claim. While I do agree that...

Spydie,I have much respect for your work,but there is no chance I will ever sign off on trendlines having PREDICTIVE powers.In fact,the wording predictave powers makes my eyes roll back in my head. My direct quote which Kiwi called rubbish was... "Do trendlines work,as in predictive...

Thank you....Perhaps the Kiwis have a different definition of Predictive... Contrary to what Kiwitrader beleives,I am a believer in pattern recognition and greatly respect the work of Tom Bulkowski.But you will see,that trendlines and formations are a piece to the puzzle and there are many...

The fact that you are profitable in a game of negative expectations does not speak on the tools one uses.It speaks of the person applying the tools.... You will have an exceedingly difficult time convincing me that trendlines have "predictive powers"..that was my claim,and i will not be...

I think you have it completely backwards.I have done the analysis,and know with certainty what "form" of trendlines have statistical validity and those that offer very little. I never said others cant make trendline analysis work. There are people who can be profitable in games with negative...

Thank you Li,and you are correct. One really needs to define the term "work" as in "do trendlines work".That is the first order of business. If your definition of "work" is statistically outperform a buy and hold or some other relative performance measure,with some clever programming,the...

Do trendlines work,as in predictive value???? Absolutely not,and to think otherwise would be foolish... But does that mean they have no value?? Absolutely not,and to think otherwise would be foolish I would suggest traders stop looking at trendlines as a magical support or resistance...