Buy when everybody is fearful and pessimistic, page-160

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Veritas2000

13,697 Posts.

1099

14/04/22

17:01

Post #: 60861720
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Originally posted by CarlosG: ↑

Well, first of all I greatly appreciate that you spent your highly valuable time today to reply. Sorry I did not post earlier as it seems yesterday you were not that busy and had time to post here despite nobody asked you to. It must be somewhat very busy season.
Also thank you for your so florid answer. However, simple - "I have no a clue" would be acceptable as well. Which is a bit strange because yesterday you presented "charts that refute" someone's else attempt to justify that at the moment a2 is actually in somewhat a good position (and have a value at current price level) and claimed that a2 is in "terminal decline" and "it is an absolute disaster from an investment perspective" and as an argument you pointed to 8, 32 and 50 EMA, BB as well as different scales on those charts. I'm not sure about anybody else but to me it sounded as you were predicting that this company is not investable at this point of time and about to "die" and all these based on charts. So, if you can see that from charts I was curious and decided to test your theory. Task was simple, here's a chart with all EMAs, BB, same time frame and based on that tell if that company was investable or not at the end of time frame shown (very similar to a2). Very simple (I hope). I'm sure if you can see the "future" in a2 chart you should be able to see it on this chart as well. Forget about prices in 1,2,5 years. Just simple answer - investible or not? if you can add "why" would be great. No need for quotes from some studies, books, etc. just simple answer.
To answer some questions about chart I posted, no it's not tesla and not the gfc period.
I'm surprised there is no much interest from chart experts in this exercise. One day when nobody ask they all come out in mass to show how good they are in drawing lines but later some how too shy to put their skills to the test.
PS. Someone need to message DB to tell him to stop counting those tens of millions in profit each month and pay more attention to those Fibonacci retracements or he will miss a chance to file for bankruptcy before its too late.

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Please digest my original response again and you will appreciate why there is no interest as I have clearly articulated why the question is invalid.

A2M Price at posting: $4.68 Sentiment: None Disclosure: Not Held
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