PRX 33.3% 0.2¢ prodigy gold nl

sp is holding up well., page-28

  1. 6,900 Posts.
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    "I would have thought the recent fall had much more to do with the POG than resistance from a long term trend line."

    You are right chuk, it prob did have to do with the POG = Fundamental Analysis.
    Resistance from the trend line, moving average cross, topped candle formation = Technical analysis.

    What a coincidence that the timing of the fall of gold fell in time with the fall from the trend line, moving averages etc etc!! best not to confuse the two, because TA has had you out of SLR and ABU since the trend reversal, and guess when the terend reveersal in the stocks happened to be, your FA guessed it chuk, the same time as gold fell!!!

    Amazing how TA doesnt look for excuses or answers it just shows it without the story!!!!

    "Or did a trend line dating back to 2007 somehow anticipate the smash in POG that we just witnessed?"

    Doesnt matter how many times it is said chuk, you just dont get it.

    I understand it is the POG chuk, but i dont need to KNOW what the influencing factors are because it shows it in the chart chuk!!!

    FA tells a story, hence you are the guy that needs to know everything, wants to know everything.
    i dont need to know everything chuk hence i can see it on the TA!!!!!!!!!
    I dont need to know why ABU or SLR are getting smashed because i can see that they are or were about to be!!!!!!
    Hence why i got out, why i said to stay away from ABU and SLR since sept / oct last year.

    I can understand your viewpoint chuk, but for such a reputed intelligent man you really struggle to see anyone elses viewpoint unless it is the same as your own!

    Cheers

 
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