to each his own..., page-2

I certainly don't find the charts discomforting. I accept they are a day traders tool but I believe they are an investors nightmare. I do find your charts useful in giving an idea of the likely trend for a particular day. There is no doubt that short term investors and traders make up a large percentage of stocks like VPG. Traders like an SP around the 10c mark and a stock with reasonable volume. VPG provides this.To an extent the price follows the charts because traders follow the charts with buying and selling that determines the daily price. Same story as the chicken or the egg.

However I also believe that most traders,particular the small time ones, will lose money. Remember for someone to win then someone else loses. That is why I push the points, buy value, dont trade it or sell it because a chart predicts a fall, hold if the fundamentals are sound and sell if they aren't. The charts will help find a good entry or exit point.

Without your charts these threads would not be as interesting as they currently are.