credibility, page-68

The people who get the dirts about price predictions from charts need to learn about something that we in the engineering world called "entropy".

Basically it is the difference between the drawing board (chart) and the real life (the market).

A simple example; a saw blade has width.

In theory if i ask you to cut a log in half then half again and so on, on the drawing board it is infinite, but inreal life, once the saw encounters the lumber which has become a slither, the last cut becomes saw dust.

Chartist provide their interpretations of market based emotion and previous trading patterns etc. For another to soemhow base their trading on that without their own model or grasp of what may happen between now and the prediction is folley.

And to give someone curry with a loaded question is uncool, especially if that person has provided you with an answer. Mistermoon did you buy, hold or sell based on Teefers chart or your own research ?