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Corn
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IADAVE
Posted 5/1/2023 23:52 (#10212335 - in reply to #10208181)
Subject: RE: Corn


Hey Delta, I see those same lines!
Do keep up the good work. Every one hits a market once in a while. Everyone misses some.
The important thing is you have a reason and show us. It gives us something to think about.
I have no idea if you bat 50% or 75% and I don't care.
All the guys on here that take the time to explain and show me are very much appreciated.
As far as the old fundamentals verses charts argument, fundamentals matter. They have to as it is simple supply and demand.
Charts also matter as
1. They can be self fulfilling.
2. The world works on cycles. We may not know what is going to happen but with charts we can figure out the cycle. Of course there are many different cycles moving at once. That is what makes drawing the lines and guessing direction hard.
At least the lines and things like double bottoms give us something to try and forecast with.
Which brings me back to why you guys that do the charts and keep track of these things are appreciated.
I am simply not doing the work but can cheat by looking over your shoulders.
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