FML 0.00% 15.0¢ focus minerals ltd

any chartists out there, page-5

  1. 83,975 Posts.
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    Don't know, I get confused by this stuff - with so many things that happen to companies of this size and happenings (mill refirbs and drilling programs etc)

    does this stuff actually work on littlies?

    I have subscribed to some of the most expensive newsletters on gann and Elliott (including gurus) and I really can't see that they are any more correct than 50/50.

    The seem to cover their r's a lot and sure get their waves confused greatly.

    They pick things as being either black or white and then when something is white - they say, see we told ya ------- hmmmm, not a lot of help to me.

    I do use charts - but really, the only thing I have found that works (and not all the time either) is my own eye and you get a feel for it in the first 2 seconds.

    Eg. look at the last 4 daily bars including today (12.14hrs) -- it really looks ok to me - and of course the quarterly is a dream - monthly looks ok but the weekly although looking ok on price looks weak on volume????????

    They say the best is to show a chart to a six year old and ask them what is happening - I think this is right.
    Anyone have a six year old handy??

    All too hard -------- have a good xmas Pinto
 
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