Who is more foolish, the person that bases their position solely on information provided by others, or the person providing information because they enjoy investing and are calling things how they see it?
I'm inclined to think the former. I've got no problem with what chartists post, I don't particularly believe any of it and invest based on my own feeling but having a go when they are wrong about predictions is ridiculous. They don't control you, nor do they have any say over how you invest.
Charts are done based on formation and trends, and if a formation and trend shows something, then they call it. If it's wrong, it's wrong. It wouldn't be the first time a chart shows a bullish trend only for it reverse at the drop of a hat. As always, DYOR, invest based on your feel, your interpretation and never blame the interpretation of a chart if you get caught in a T+2, the market is impossible to predict and you can only interpret the information you have on hand.
Who is more foolish, the person that bases their position solely...
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