chartists!!, page-48

My take on the charts is that human nature never changes. We all react in the same way once the SP goes down or vice versa. The chart to me is like the inner workings of the traders mind it isn't just bars and lines in my mind. Although some know better to panic when there is a sell off yet the majority will always repeat their mistakes. It doesn't work all the time but for me it has been an invaluable tool coupled with a solid understanding of the stocks fundamentals. OBJ is still very undervalued IMO. Brighter days ahead