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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 691.79+0.6%4:00 PM EST
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To: Richard Saunders who wrote (35013)7/16/2012 3:45:08 PM
From: chartseer   of 221364
 
Charts are not that good at predicting price moves. They are more for getting a life pulse of an issue. I got hooked in the early days when the great bull market started. Almost every break out worked because almost every issue rose. Almost every stock I bought rose and I believed it was because of the buy signal. I was convinced the game was easy. It isn't any more but maybe again.
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