March 6, 2018

Is Technical Analysis and Charting still relevant?

"Investment vision is always 20/20 when viewed in the rear view mirror

Scared a week ago, bullish today  -- in a market where buyers buy higher and sellers sell lower in a room dominated by machines and algos who are agnostic to fundamentals. a fed pivot and incoherent policy"

"My view is that machines and algos have diluted the benefit of charts and technical analysis
Prices are artificial. 
Prices have been distorted in the absence of price discovery.."

via Twitter