lynas delays could mean equity raise , page-101

Funky

You missed the point kinda.

I use strong FA and I am also a chartist (TA).

My head is only in the sand when I am riding Snapper Rocks, Kirra or Burleigh....

You ALWAYS use FA. You could never trade purely on the chart because you also use inherent knowledge you have about the company and the general market.

So its all good mandingo...

But geez the TA following is like some cultish group of religous zealots when people suggest that the charts are not the holy grail containing every little bit of information you need for trading.

Yes they are great for timing your trades to maximise your profit by selecting entry and exit point

Truth is you couldnt take up my blind investment challenge anyway because you always have financial information of a Fundamental Type to trade on also whether it be from news, internet, general economic, industry based, insider (joke mate), whatever.

You cant just ignore the world.

I see you ask "whats RE" and all that but truth be known just by reading this forum and FA info you will have formed a picture based on FA of the company.

You mix this in with your charts, yes you do, and you make a call on investing. Its OK. Nobody will think less of your chart analysis because of this.

I will state though that whilst charts are great they can be manipulated IMO (dont kill me chartist god for saying this) and also they need to be interpreted correctly because what you are doing is sifting through poste ante information in search of profitable positions.

The past is the past. I do not believe 100% in the predictive powers of the chart so whilst I appreciate that you readily throw money at a chart there is a reason you set that stop loss mate, in case you are wrong.

As for the if it hit this line and that, you are talking about the future as it is predictive, it is not.

Tomorrow the chart will generate an excellent buy with the st MACD crossing the lt and a reverse head and shoulders or double bottom supporting the trend reversal which is also supported by high volume, rsi rising etc.

This is because people see value in the company and want a div and cgain so decide the return is worth it given a buy in price and what they could return on their money elsewhere.

You TA pureist then buy in to their general sentiment therefore feeding of the fundamentals anyways - get it?

What I would like though is perhaps a chartists tipping comp where they are required to state in black and white at some point in the future EXACTLY what a SP is going to be...now that would be really interesting!!