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Author: globalist2013 Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 27889  
Subject: Re: how to "buy on the dips" Date: 12/19/2012 6:53 PM
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Using faster MAs. http://finance.yahoo.com/q/ta?s=CAT&t=6m&l=on&z=...

Using Renko formatting. http://stockcharts.com/h-sc/ui?s=CAT&p=D&b=5&g=0...

Using Heikin-Ashi formatting. http://stockcharts.com/h-sc/ui?s=CAT&p=D&yr=0&mn...

Using CCI to indicate over-bought/over-sold. http://stockcharts.com/h-sc/ui?s=CAT&p=D&yr=0&mn...

In short, data can always be tortured to tell you what you want to see, which isn't to say that Technical Analysis is useless. It merely has to be used very, very carefully.
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