Followers of Barry Ritzholz's TheBigPicture and Felix Salmon's Conde Nast Portfolio will have noticed the battle between the pro-market-technician and anti-market-technician stance of the respective authors. Unfortunately for Felix, using Jim Cramer as an example of a market technician at work does little to help his cause (Jim Cramer is many things, but market technician he is not). Felix's key point was Whenever you hear words like "overbought" or "oversold" or "momentum" or "support" or "resistance", it means that whatever you're hearing is garbage. But it also means that the person you're listening to has no idea what's about to happen, and is therefore resorting to the financial equivalent of astrology. In such cases, it's worth ignoring the message completely, but it's also worth having some serious thoughts about the messenger, too. Barry responded with a point-by-point blow as to benefits of using technical analysis can bring the ...