Monthly Archives: January 2012

When Technical Analysis is Used to Justify Opinions

My post yesterday about the frequent use of  argumentum ad verecundiam by technical analysts in an attempt to assign credibility to their work is followed today by another that provides a specific recent example of how different analysts saw on a chart that which … Continue reading

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Argumentum Ad Verecundiam and Market Analysts

Some technical analysts often use argumentum ad verecundiam, or what is commonly referred to as an argument from authority, in an attempt to assign credibility to their work. The reader should be aware that in most cases, an argument from authority is a fallacious argument … Continue reading

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Diamonds are Forever Even When Technical Analysis Fails

I sometimes wonder why and when some technical analysts decided that the diamond top formation is a reversal signal. A diamond is a good thing, it is forever. Well, this was another major TA failure I have warned about in advance. … Continue reading

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The Year of the Dragon – SSE vs. S&P 500

The new Lunar Year 4709, the Year of the Dragon, starts today in China and a few other Asian countries. The Shanghai Stock Exchange will be closed for the spring festival and will reopen on January 30. There is plenty of time for … Continue reading

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A New Bull Market For Silver?

Spot Silver rose 5.46% last Friday and SLV, its ETF, followed with a 5.0% gain. Is this the beginning of a new bull market for silver?

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Technical Analysis to Suffer Another Massive Blow?

This one could be major because it became a flagship of some permabears late last year. It is the failure of the massive diamond formation on the weekly NASDAQ-100 and QQQ charts. Naturally, we will have to wait a few more … Continue reading

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