chart, page-101

1. Pisces, you're correct. Gaps & Symetrical triangles. Never a nice combination. As a short term trader and only taking short positions I actually like this sort of action. As a long term holder the short term swings shouldn't bother to much. As a momentum/position holder these things are a nightmare. Reactionary Vs Anticipatory Trading.

2. I like the swings, that’s why the reference to gaps & symmetrical triangles. A follower of TA would know exactly what I mean.



1. Need to break the 62% Fib if this is going to flee. Need to hold the 50% if we're not to see the inside of the beast.

2. The 62% Fib held and it couldn’t break out. Now it is on it’s way back into the lower gap. Analysis given way ahead of time.



1. Listen, I post charts as I see it. You only want positive analysis. Place me on ignore. I don't up or down ramp for the sake of a few followers. Two gaps both need filling. It's that simple. I'll show you 1000 securities all with better FA than this sitting at the lows. You stick to the FA I'll stick to my TA.

2. To clarify. When this moves and the signals are there. I'll take a position. At present I wouldn't enter this. For the reasons already stated.



1. Today more rises than falls. We saw a breach of the 0.070, that’s a breach not a break. Tomorrow will give us the confirmation if the 50% will be continued support or the new resistance. In my opinion it still has further to drop.

2. It did drop further.



1. By the way I was asked to post a chart. As I mentioned at present I wouldn't go near this until the signals changed.

2. Posted on the 10/9/12 look at the chart on that day, no one would enter.


1. Just ran sideways on some real nasty small candles. Broke out of the lower trendline but offered nothing. The only thing it offered was a day trade today off that resistance point. Hit that and dropped like a rock. Presently sitting on the middle trendline and still hasn't broken the top one if you look at previous chart posted.

2. All valid analysis. Not to a long term buy and hold of course.


1. For me presently I'd be looking for confirmation of it either dropping now to fill that lower gap. Or the very unlikely scenario of it breaking the resistance that halted it today and it filling the top gap. Still a messy chart that isn't displaying any real strength. Indicators also very weak.


2. So it broke the resistance and filled the top gap. If that’s the analysis I gave AHEAD OF TIME one would think I acted upon it.





I think it’s rich of you to select certain snippets from my posts so that you can have a dig at me. It’s sad to see that so many follow your type of posting and like to read untruths. This is the benefit of forums the written word remains. Any one following my analysis had plenty of time to enter and exit on the signals that were needed and given beforehand. Not entering on those nasty small candles allowed them to enter on that break as a day trade. As a long term buy and hold type you may not understand the concept of short term trading. I’ll explain it, I needed only to sit in this one day after that gap up where as you had already been in around 8 days. During that 8 days I would have been trading securities that were moving. So in fact I would have made far more profit by following my strategy as sitting in a side ways moving security for 8 days.


“tell us you've made coin on some nice day trades 'after' the fact.”

That’s where your calling me a liar by hinting that my calls were only “after the fact”.

It’s a very sneaky post that you made. Yet how true are the immortal words of Scot.


Yet Clare's sharp questions must I shun
Must separate Constance from the nun
Oh! what a tangled web we weave
When first we practice to deceive!
A Palmer too! No wonder why
I felt rebuked beneath his eye.


Sir Walter Scott