Metanor Resources MEAOD

Charting Equals Bull SH--

[romara]

I'm not a fan, or a scholar on charting....it's really an after the fact effect . If people who believe in charting were so smart, why are you still here, you should have made your millions, and would be gone by now....it's all hokey pokey ....Nobody can predict the future, unless you are trying to pull the wool over our eyes by your knowledge, or lack of it  ...... Richard

[pdcon1]

right on richard   They use a lot of charting for the price of gold  it seldom repeats itself , then when they screw up they just move the dots from support to resistance . after the fact . They should call it After the fact Charting.  Flip a coin instead . Charts change daily  weekly sometimes hourly . jmo  Today 1222  gold and mto .085   solid support

[Highwired7]

I'm mistified why people don't see the openly manipulated markets and get the fact that, charting and technical analysis are usless in these HEAVILY rigged markets, its actually a pretty simple concept, not that hard to understand.

[mrmarket1]

charts are great records --they are great to rationalize  something, to support a statement, to spread confidence or fear and whatever else you may wish to manipulate from them  They are not much of a crystal ball

[mstettler]

I'll concede that charting is hardly an exact science and is open to interpretation.  Past price history does provide a clue about how we might go forward. The best chartists are objective and don't allow emotion to colour the chart to see what they want to see.  There are some that have an extremely good track record.   The charts have been pointing to the gold market and