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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: orkrious who wrote (69757)9/14/2006 3:03:06 PM
From: sammy™ -_-  Respond to of 110194
 
NEM chart.bigcharts.com

I LOVE when a plan comes together :)
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Technical analysts assume that the market is always right. I don't believe that's true. Still, the more efficient a market is, the more value technical analysis has. So the secret to reading charts lies in knowing its limitations; in knowing what not to do, and in knowing what your own preconceptions are. This is true whether you interpret charts using Elliott Wave, Edwards & Magee, Dow Theory, Astrology, Gann, or Geometry. I don't believe a chart can tell the future, but I do believe it can tell us what's happening in the present, and help us determine the most likely future course of events on that basis. The biggest value any analysis of the chart has to me is in determining what the real story is - today. For the tape never lies