Technical analysis and charting
"There is no point whatsoever doing fundamental analysis. Thousands of
investors and professionals have already done it for you. Todays price is the sum of their collective opinion and that is
all that matters. It is all there in the chart."
"Na..charting is all bollocks all it tells you is what has happened. You
can't predict the future. Chartists are basically driving a car looking out of the back window."
That is basically the old T/A vs. F/A fight so what is the truth about
charting?
