The news is in the chart – yesterday’s news, and tomorrow’s. Fundamentalists react predictably to news. Technicians react predictably to chart patterns and “indicators.” If you can read a chart correctly, then it is not necessary for you to follow the news, or even to be aware of what the news is. Make your decisions based on what’s happening in the chart, not on what you think will happen based on the news. Forget the news; remember the chart. It already knew the news was coming.
– StoryTeller, TMF boards