PNV - Chart, page-19172

"Charts record the past movements in price and volumes and as such have limitations. I’m interested in today and the future. The past whatever one might think has no bearing on what lies ahead. My bearish outlooks in this case are drawn from extraordinary moves in volumes and price and the interaction they have with one another. It’s in these factors that I see a difference and move me to take opportunities to buy or sell depending on if the moves are up or down."

What you are saying makes no sense. On one hand you are saying charting is limited because it relies on past movements in price and volume which has no bearing on the future. Then in the next breath you say your bearish outlook is based on "extraordinary moves in volumes and price". Which are from the past. Talk about contradicting yourself in the space of 2 sentences.

For those who do not understand charting - it is simply a visual representation of crowd behaviour and psychology. And those things do have a bearing on the future. If you can learn to read it properly it can be extremely valuable.