ADT 2.74% $3.00 adriatic metals plc

ADT what is going on, page-33

  1. 613 Posts.
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    Anyone can become a chartist.  Becoming a chartist provides the lowest barrier to entry for an investor/speculator/trader.  Chartists don't know/don't want to do homework so they let the chart inform their decisions, hoping that price action gives them a clue as to what the smart money might be doing.  Here is a hint, have a look at the share holdings graphic in the corp presentation and see how it's evolved over the last few months - insto holding is rising as retail holdings fall.

    Don't be a chartist.  Chartists are lazy and they are price-takers.  
 
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