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Re: CBayless post# 53772

Wednesday, 12/07/2005 2:15:23 PM

Wednesday, December 07, 2005 2:15:23 PM

Post# of 286480
I didn't see any chartists calling for specific prices. People were clamoring for charts whether the stock was up or down. The charts show support lines and certain patterns..many of which have to be confirmed....and the .0105 bottom was called with a chart I used....showed the 50 day exponential as support...and last week it showed a bearish engulfing channel on the weekly and then we have a sea of red...they are not the answer to everything I agree but I find them the most useful when you want to get a sense for support and resistance.

Don't put a spin on it any other way.

It was you that came out with your HA! and chartists line. Glassy provides a post and a chart and has tried to be nothing but helpful...wasn't one negative post in the house for about 3 minutes...and then you just felt like...throwing that comment out there. If it was meant to be super funny or a comment of really good Christmas cheer than I apologize for mistaking it as an assinine comment.


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