POS 0.00% 0.4¢ poseidon nickel limited

10 day uptrend, page-58

  1. 1,250 Posts.
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    Not particularly into TA, though I do appreciate it has many merits regarding crowd psychology. Seems to work best in relatively fast moving markets.
    Dunno whether it would 'work' with POS presently 'cos although we're all like cats on the proverbial burning metal, nothing is really happening to the share price.
    But then maybe it works best in the present POS situation. Dunno. I Don't pretend to be expert.

    I remember, and I digress a little here, when UK Govt was selling bandwidth, they hired a professor of 'Game Theory' from a UK Uni.
    He managed to con the telcos into massively overpaying (by 10's of billlions) to UK taxpayers advantage, by basically playing 'em off against each other.
    Sound familiar-
    Price going up so should I buy?
    Price going down so should I sell?

    All the books I've read on TA plays some, usually a lot, of emphasis, on also considering fundamentals.

    So please stick with fundies, they have got us to this point.
    Don't be shafted by shenanigans.

    Wanna say so much more about psychology including my own, but it's time for someone else to have a turn.
    Have a good night guys
 
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