Title: Statistics are not accurate in my opinion
Product review: I am an author on TA. I have articles published by Technical Analysis of Stocks and Commodites. Mr. Bulkowski on page 659 says that Rectangle Bottoms, up breakout failure rate is zero!!! Now here is a formation you can't go wrong with, right!? Just trade this formation and you will never lose money! He also states that Rectangles, Wedges, Triangles, Double Bottoms, Broadening formations and so forth have a failure rate of 2%!! Excellant!! We are all going to get rich trading these formation! In chapter 17, page 252, he calls Dogi a Hanging Man! Don't you think he ought to know the difference!! Judge for yourself.
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