Comments on: Technical Analysis is a Hokey Religion! http://thezencapitalist.com/2009/12/stock-investing-technical-analysis-demystified/ Mon, 14 May 2012 12:38:45 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: zen http://thezencapitalist.com/2009/12/stock-investing-technical-analysis-demystified/comment-page-1/#comment-222 zen Fri, 11 Dec 2009 20:45:13 +0000 http://thezencapitalist.com/?p=1274#comment-222 Fibonacci SCHMIBINACCI. That's how I feel about it. Haha. However, I will definitely respect you more if you can actually make it work for you on a consistent basis. Fibonacci SCHMIBINACCI. That’s how I feel about it. Haha.

However, I will definitely respect you more if you can actually make it work for you on a consistent basis.

]]> By: Chih http://thezencapitalist.com/2009/12/stock-investing-technical-analysis-demystified/comment-page-1/#comment-221 Chih Fri, 11 Dec 2009 18:00:20 +0000 http://thezencapitalist.com/?p=1274#comment-221 Great post on TA. I completely agree with you that TA is hokey but should be considered for entering and exiting out of trades; especially if positions are held for shorter horizons and when investor psychology seems to be a major driver moving markets. Elliot Wave theory is on the top of my list for the most hokey TA of all. Anything mentioning Fibonacci sequences is too much for me to handle. Reminds me of that movie Pi by Darren Aronofsky...Elliot Wave makes me want to drill a hole through my head :p Great post on TA. I completely agree with you that TA is hokey but should be considered for entering and exiting out of trades; especially if positions are held for shorter horizons and when investor psychology seems to be a major driver moving markets.

Elliot Wave theory is on the top of my list for the most hokey TA of all. Anything mentioning Fibonacci sequences is too much for me to handle. Reminds me of that movie Pi by Darren Aronofsky…Elliot Wave makes me want to drill a hole through my head :p

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