and i mentioned dan zanger, because his results are accounted for apparently, so he doesn't have to step up, his results are already verified..
But that was not the original post. I said I wished someone would step up IN THE NAME OF SCIENCE and disprove that you cannot use SOLELY TECHNICAL ANALYSIS INTRA DAY TO BEAT THE MARKETS. What part of that statement has to do with locking you in a room and giving you a million dollars to prove it? You could have said: Nitro, while your request seems interesting, and while I do make a living doing this, I am not willing to do it in the name of science. I would have understood that. nitro
Ah, Ok, point taken. Now we are talking. Please provide me a link or a reference to the documented effect that he beat the markets INTRADAY by using only technical analysis. nitro
and this one i misunderstood too, i don't think he trades intraday. i cannot think of someone who had his intraday results audited.
AHA! BTW, I do know someone that did make money intraday using "T/A", but like I said, if you look closely at the method it was not _just_ technical analysis that made it successful - in fact it was probably of almost no consequence. You could see that the "T/A" part of what he used was nothing more than trading with the "trend". It was the rest of his "system" that made it viable imo. nitro
The citigroup firings were a result of something being done, in response to the big fat 0 in earnings being reported. More of a political stockholder reaction from management...if it doesn't work...fix it.
So, They have a zillion (I don't know the number, but I assume Citigroup did not do this half assed) technical analysts that made no money over an extended period of time, but getting rid of this group because they make no money is a political stockholder reaction (which is false, since most people that invest with Citigroup or Merril Lynch etc don't even know the 30 components of the DOW, let alone what a support and resistance line is) ? I don't think so. nitro