chart, page-142

Snakeye

That's probably the difference , I don't mind buying into weakness, contrarian style

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The usefulness of charts is weakened when we have a decision pending that has the potential to change sentient of the entire sector and in turn result in a quickly increasing U price.

from an FA perspective nothing changed form 48 to 43 , that's why the 46.5 line didn't mean much imo


the point the I am trying to make is charts are used to time entry to reduce loss and enhance gain, but my experience has been by the time a chart triggers a buy, you have often left 20-30% on the table. For me, you leave enough of these behind and you will ultimately have lost a lot of potential capital

snakeye Is a good chartist, and I think there is nothing wrong with his charting , I am just pointing out where I see it failing. To make the point, the chart has broken up but an FA even like Chine reneging on LH purchase would create an instant slump in SP