XPE Charts, page-4433

hehehe vintage gold coin there is...

Well, I must be upfront and tell you how it is..... charts do work.... they definitely work... but, let's be honest...like anything in life come on...

ok, Many famous chartist that are also authors... they do say charts works 85-90%..... but, then again I think it's their profession and their books talking up more than anything( $$$)....

You can't go passed volatility and/or world economic events...

eg. TA's and charting could be 100% bullish... but, if for an instance, we've got a major economic event, terrorism in a major city, or other event that shakes economics, there is no CHART or TA that will save you.....

Remember 2009?

So, the responsibility of a chartist in my believe is not to only draw the chart... but, take in account all economic matter around it.....

eg. Because the FED is not crazy enough to raise rates right now... I believe we will capitalize on the markets now.... but, I do feel that we must be cautious after November US elections....
2 crazy candidates that could change the perception and trust...and perhaps have a sell off effect on the world markets.....

Time for some beautiful caffeine downstairs....

cheers

T10