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**mv37afnr** · 07-04-2010, 02:50 AM

I'm reminded of chartists who come up with amazing formulae to explain past performance, but no underlying explanation, making the formulae worthless.

Shh... if everyone believes in the charts and makes market decisions based upon them, it's self-fulfilling.

07-04-2010, 02:50 AM	#9
mv37afnr Join Date Oct 2005 Posts 412 Senior Member	I'm reminded of chartists who come up with amazing formulae to explain past performance, but no underlying explanation, making the formulae worthless. Shh... if everyone believes in the charts and makes market decisions based upon them, it's self-fulfilling.
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