forms bearish downside breakout chart pattern, page-2

"I always take these sorts of chartist interpretations with a grain of salt, but charts do have one thing in their favour. They take out the emotion of investing and give a view based on that... ie technicals. "


correct you are Goldilocks BUT chartist has many things against them, one inclduing they do NOT take intoaccount wider market conditions and external factors that may be affecting SP.

like OpesPrime, sure no TAM shares held.. well i don't believ so anyway BUT its not to say holders need to sell TAM to cover other margin calls, also the fact this has had an effect on the overall market.

Also US woes.

Chartists also don't take into account the POG, that has recently fallen BUT is expected to rise again within that 280 day timeframe AND also the fact that within that 280 day timeframe TAM will have released its annual report AND we will know if it reaches its target production levels which if it does we could expect a positive movement in share price ;)


but feel free to live in fear if you wish..

p.s. care to answer my post from yesterday