Did Technical Analysis Exist back in the 1930's?

No. Most people back then were very, very stupid. Most of them didn't even know how to use their microwave oven.
 
Here's my question...

Were the patterns we see in TA still around back in the 20's and 30's like support and resistance?

Or is this just a more recent phenomena?
 
Quote from GabbyJay:

Just wondering if they knew about it back then. Any old old timers know?
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I wasnt around back then (I don't think the guy in the AG Edwards commercial was either. (As a side note don't you love that commercial, the two guys meeting in the coffee shop, the smart broker telling the scared client that "Well in my experience with this type of market the best thing to do is...." Is he 92 years old? Coz he'd have to be to have experience in "this type of market"....so anyway end of rant). I've read about people using P&F charts in the pits way back in the 1800's and early 1900's even. I cant vouch for it since I was gone that day though :)
 
Quote from GabbyJay:

Here's my question...

Were the patterns we see in TA still around back in the 20's and 30's like support and resistance?

Or is this just a more recent phenomena?
More...

Sure of course they were. Depends on how you define S/R. Whether that be old high, lows, or swing high, lows, etc. I don't know when pivot points where, but I believe it was after the 30's.
 
Quote from Brandonf:

I wasnt around back then (I don't think the guy in the AG Edwards commercial was either. (As a side note don't you love that commercial, the two guys meeting in the coffee shop, the smart broker telling the scared client that "Well in my experience with this type of market the best thing to do is...." Is he 92 years old? Coz he'd have to be to have experience in "this type of market"....so anyway end of rant). I've read about people using P&F charts in the pits way back in the 1800's and early 1900's even. I cant vouch for it since I was gone that day though :)
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That was Edward Jones. What a firm. My wife's employer has a 401k with them . Stevie Cohen's fees are lower. I have her in the money market, and after fees, we owe money. No joke. We actually pay.

Amazing they get away with the shit they do.

"Gee , Bob. thanks for coming in early and helping me out."

"No problem, Jim. Jeanne left me after we lost the house, so I sleep here anyway. Now. About your portfolio."
 
This is very insightful information.

I always wondered why support and resistance would even come about.

To me, it's still a phenomena from a human perspective on how s/r truly comes about from people like you and me.
 
Quote from GabbyJay:

Here's my question...

Were the patterns we see in TA still around back in the 20's and 30's like support and resistance?

Or is this just a more recent phenomena?
More...

Why would TA patterns NOT exist back in the 20's and 30's???

Your logic doesn't make any sense.
 
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