atlas chart, page-16

Howdy paprika,

Given that these are clearly macro events effecting
all the IO stocks how can you use an AGO chart to
predict what happens next?
If we have another Macro event i.e. The PBOC starts
easing bank lending rates and the money starts flowing
again {like it did every other time they did it} how will
your chart explain a sudden giant leap in SP?
Especially when all the IO's are likely to have had a very
good quarter!

Or is this simply not possible?

I am a believer in mapping trends and charting to some degree but it seems to me the hard core chartists always has an excuse when the market moves in the opposite direction to their forecast.

What will the excuse be if AGO is over $1.30 by the end of the month?

Please don't think your work is not appreciated here, I'm just interested in what you have to say if anything to the above.

Thanks.