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Re: peorge post# 160319

Monday, 07/15/2013 10:50:12 AM

Monday, July 15, 2013 10:50:12 AM

Post# of 232508
The charts disagree. Nearly two weeks ago I posted this chart which shows levels (blue lines) where we could expect spikes to reach. Anyone who put GTC buy orders in at those levels had a statistically significant chance of being rewarded. I was and so were friends whom I have shared technical analysis with.
Charts are merely depictions of past statistics from which future extrapolations can be drawn. That is irrespective of which market is being charted. Albeit, accuracy is less trustworthy when trading volume is low. In the case of KMAG this chart warned when not to buy and gave accurate levels at which one could initiate buy orders for short term trading or long term accumulation.