too much of a good thing, page-22

Might have been me Encore;

I made a comment that the TA charts were really no-where to be seen whilst we were at low teens and sub10c.

I dont dismiss the charts, and enjoy seeing them presented with thought and explanation. My view on charting you can take with a pinch of salt. IMO they are useful for intraday (sentiment trading)which i dont do. Or long term trend/ low points based on volume for entry to undervalued companies.

The mid range (2 days to 3 months) is where people get unstuck, from all the predictions i have seen to date.

I made a matter of fact statement that Fundamentals was what people held nearest and dearest at the low point three weeks ago.

You have to ask yourself. Does the chart dictate and drive the shareprice ?

Is the SP sitting where it is at 22c due to T/A or a 75m placement?

Will the SP rise because the last bit of the cup and handle has formed, or because of belief of a deal or some other fundamental ann ?

Not a shot at you Encore or anyone else. Like i say it is just an opinion. Based on timeframes that i look at.

All the best.

Bacchus