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Monday, November 21, 2005 10:30:42 AM
While charts can't tell everything about what a stock is or isn't going to do long term .. (news will ALMOST always trump TA) ..
The charts do telegraph potential direction and other helpful "information" (including upcoming news or lack of news), and using them has enabled me to be patient, have a plan, and confidently buy more stock at every recent bottom, knowing full well that it was going to BE the bottom.
So don't tell ME they do "nothing at all".
Meanwhile, it is the confidence that NEOM is going to be a big player in a big industry and have a BIG PPS somewhere down the road that puts NEOM on my list to even bother with charting and buying.
jonesie
Yorkville / Cornell Tracking Board #board-9964
"I can think of no more valuable commodity than information"
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