rols said:
Rols- I really don't have an end in sight, or an answer for that matter. Like I said in my first post, its the representation of time in charts that I believe is incorrect.
If we look at trend lines for example, they work until they don't (statement of the obvious). The trend line is defined by the lows or highs, and time, the 'longer' it goes on, conventional wisdom says 'the stronger it is', or 'the more important it is' -and I guess the reason it works is just a derivation of the self-fulfilling prophesy (much as Bramble said...its covenient). But I don't for example think the latter comments are true either...its a trendline over whatever time frame until its broken and it no longer is it has no more or less importance I suspect whatever timeframe it is over. And I suspect, again without proof, that it is our conventional representation of time with repect to markets that again leads us to make mistakes, or plain believe in something that isn't true opr doesn't even exist. As I said before, its my belief that the market has a conscious, albeit a collective one, that leads me to believe there is a better way somewhere to represent it rather than lines on a chart at least drawn in the conventional manner.
I don't know, juast rambling now - I have doodled with this problem for many years and have not yet found an answer...
