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Author Message  ann Member Username: ann Post Number: 731 Registered: 04-2004 Rating: N/A Votes: 0 Saturday, August 13, 2005 - 07:34 pm:     Does Technical Analysis Really Work? Well I believe it does. I wouldn't leave home without it now. I have been a Fundamental Analyst for a long,long time...No IC charts, so one makes do. I thought charting was just short of hocus pocus when I first came across it. In fact, just to show how stupid a person can get, I walked out of any lecture when they produced the "Wiggly Lines". Just tell me what the figure was of Times Covered for the dividend. Forget the rest. BUT it all depends on how you look at something. There has probably been a raging argument about Linear V Logarithmic for years. Well, I look at my charts Logarithmically/Logarathamatically..whetevr!!! Looking at something in Log long term, stops the distortion and everything looks hunky dory...... BUT if you are a short term trader and you leave your settings on Linear and then take a look long term.....whoaaaaa!! Run the sky is about to fall!!!!!!!!!!!!!!!!! The only time I find Linear useful is to check out a nasty little Pump and Dump. This little pearler used to be Davnet.... So if I didn't have a chart to look at, I would probably never touch the markets again...ever. Cheers Ann PS Forever grateful to Colin et al.

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