chart analysis., page-109

Cal - it's difficult to discard TA completely, just my opinion. I don't believe much of it but don't ignore it, because of one thing - herd mentality. If lot of people follow it, then they will buy and sell around that. That mass act itself supports the chart. Question around whether chicken or egg came first or cannot ignore religion even if one does not have faith. So, hopefully from that perspective 12.5 was important. Necessary evil probably out of the way. Hopefully it will move from here. We still need a good announcement to sustain price. Hopefully soon.

- dc1234