chart perspective, page-3

BobBishop,

Not sure how you came to that conclusion, as it's a very real career that people make a living out of. Some skeptics make the mistake of expecting charting to be a system that predicts the future but in reality that's just silly and a more traditional approach doesn't predict anything either.

Charting gives you a controlled system and an idea on the general psychology and flow of funds into a company, which most regard as important thesedays, especially with electronic trading's prevalence. It's not so different to researching the general geology of a mining district to try and discover clues about what drill results might imply and what might be expected, rather than just saying, "well, we can't know for sure, so why bother? Let's just wait till the drill cores are assayed and the price has already risen"

Anyway, not for everyone; but I want all the ammunition I can get in this market!