wee ree tol week3, page-48

It does not matter rastus, not one little bit.

You set up your chart any way you like, its how you decipher the information that matters.

On any big "upday" vsa is trying to get you to figure out how much of the volume is "smart money" selling to "the herd" (nice degrading term for the average investor) by looking at what happens the next day to decipher what the "smart money" are up to.

The reverse is true for large downbars.

Is there "hidden" buying or selling in all of that volume. The idea is you wait till the next day to see if the move is "supported".

You then try and align your trades to what the "smart money" are doing by using contrarian logic because they have the view that the market is completely manipulated.

You have such a fear of being one of "the herd" and being manipulated by the "smart money" that you believe the VSA jingo is gonna help you figure it out.

The problem is that they have bastardised economics to develop the scam so it sounds believable because it is half true..

Pure economics deals with supply and demand, buying and selling and the models for this with relation to the sharemarket are much easier logic.

The problem is the you cant beat the system because it changes fluidly as information drives the market, not smart money, because people make decisions to buy and sell based on the information they have available to them whether they have a big investment or small.

Try and understand the trends and information driving the market and SP and you will do a whole heap better than VSA.