“Every sunken ship has a chart room”

“Every sunken ship has a chart (room)” means that everyone follows financial charts, some people to their demise. “‘Every sunken ship has a chart room’ - An angry client” has been cited in print since July 2001.
 
     
Elite Trader
Posted by tymjr on 07-12-01 11:51 PM:
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“Every sunken ship has a chart room” - An angry client
   
Aussie Stock Forums
tasty
9th-December-2009, 10:48 AM
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Just remember “Every sunken ship has a chartroom” !;)
 
The Boston Real Estate Blog
Some Random Quotes
Posted by Ford Realty on 04/26/10
The following are some random quotes that I’ve heard and read regarding real estate, the economy and other misc items.
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“Every sunken ship has a chart on it.”
 
ForexLive
Backing an filling ahead of ECB
November 4th, 2010 12:28:31 GMT by Jamie Coleman
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Technicians almost universally eye an extension of the rally toward 1.4365, the 78.4 retracement of the 1.514/1.1875 slide. You know the old saying: Every sunken ship has a chart room!
   
FXStreet
Every sunken ship has a chart room…
Thu, Feb 10 2011, 13:23 GMT | Forex Live
By: Jamie Coleman
EUR/USD closed near its highs in New York yesterday, having done some technical damage on its rally through the 61.8% retracement of its drop from 1.3862.It’s been all down hill since then…slowly at first, and faster during the European morning.
 
Uncommon Wisdom
Why Should You Invest in Gold?
Sean Brodrick | May 13, 2013
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The old saying goes that “every sunken ship has a chart” — in other words, charts sometimes don’t work. However, it’s clear that gold has been in a bull market since 2002. And the pullback in April just brought it to one line of support.