credibility, page-33

Exactly my point damien83.

The chart always comes out when the sp is trending up and there is enthusiasm abound, or when the chart happens to be fitting the 'template' at that particular point in time... however, I am very interested to see just how the recent drop from 26.5c High to 13c Low is 'interpreted' within that template.

It was stuck up here a couple of weeks ago... so surely we are due for an update?!

That template is the biggest load of over-analysed hogswash I have ever seen on HC.
It's applicability is zero.
It's relevance is zero.
It's fundamental design is completely without basis.

It is however, the biggest ramp job I have seen on this forum.

This is not a personal attack on t4p, I would have the same opinion if that template was created by Raks, tmt, 123 or even yourself damien. The point is that it is a ridiculous tool used to fan the flames of those blue-sky predictions and manipulate the mindsets of in-experienced traders into believing that a genuine target price exists at a given point in time... for not other reason than because some quickly put together home joby thing says so.

It is one of the visual tools used to suck the in-experienced into this stock and leave them sitting on these 25%-40% losses within a week.


Personally I feel it is important to acknowledge any failings of a tool like this, alongside any percieved successes that it may profess.

A fairly balanced point of view is an integral part of credibility.

So, the question still remains, how DOES the recent sp fall fit into that template?