rmg holloman focusing on the dots, page-42

  1. 1,516 Posts.
    Paschal made to many predictions that just didn't happen, he disappeared during Sub prime, one of his predictions was that there wouldn't be a correction then we had the mother of all corrections.

    It's not paschal fault, he was just going by the charts, it's the charts which are the problem. Charts and species only mildly decent for hourly entry levels (still think market depth and volume and research is a better method for entry), predictions any further than that never eventuate on the unpredictable species.

    How can anyone make a prediction on what RMG would be trading at in 3 months, how can a chart tell you what the directors are going to get done in that time frame, or what the overall market will be doing or if U sentiment will still be strong.
 
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