ord share price has droped 60 percent, page-21

Hi Falcon,

I Don't recall suggesting that Ord was in an uptrend, I was simply showing Ords performance over the last 6 months and comparing it to a handful of other australian mining companies.
This was to demonstrate that the individual investors rating of Ords performance is dependent on market timing, and that you would probally find that investors who purchased shares in Ord in August 2010 for 0.003 cents would probally feel pleased with their 66% return on their investment considering the performance of the local and international markets over the same period.

If these so called "new investors" are not capable of doing there own research and doing something as simple as looking at a chart, then common sense would say that they shouldn't be investing in the stock market, or should seek professional advice.

From my experience trends mean very little when you are dealing with companies that have a small market cap (penny stocks), any significant announcement can have a substantial effect on the companies market value,either for the positive or negetive , we saw this with Ord in May, I'm pretty sure you couldn't have pedicted that from studying the chart trends.

Over the long term Fundementals will always win out, you only have to look at the worlds most successful investors who have achieved above average returns over a long period of time (decades),and their strategies.
Most of these investors have made their money from taking big positions in companies and holding for the long term, after doing due diligence with regard to fundemental research and analysis, not from short term trading.

As Rene Rivkin said " I never met a rich chartist "

My advive to new investors would be to read books on Warren Buffett and his investment strategies and also books that influenced his investment ideas.

This book is a good start,

"Common Stocks and Uncommon Profits" by Philip A. Fisher 1958