Home > Articles > Volume 9 (1991) > Chapter 8 (August 1991) > V.9:8 (320-322): The Will Rogers Theory Of Point & Figure Trading by J. Adam Hewison

V.9:8 (320-322): The Will Rogers Theory Of Point & Figure Trading by J. Adam Hewison

V.9:8 (320-322): The Will Rogers Theory Of Point & Figure Trading by J. Adam Hewison
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The Will Rogers Theory Of Point & Figure Trading by J. Adam Hewison

When I first started trading, moving averages were pretty much the epitome of high-tech computer analysis. Since then, we have seen the birth of computerized studies for Gann, Fibonacci, stochastics, oscillators, overbought and oversold indicators and many, many others. While all these studies have contributed to the advancement of technical analysis, the surfeit of studies to examine have served more to confuse the individual than to clarify market direction. A case in point: I recently had a conversation with a colleague who spoke of an investor who uses more than 100 indicators, including Gann and Elliott, to track the market. This particular investor is so busy tracking his 100 indicators, he has yet to make a trade. Too much information can freeze an investor into indecision.




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