hanging by the bloody fingernails, page-11

Ta for the comments guys

btw RMIN, say Hi for us some of the relies came from around the region of Glambeck, not sure if its still named that though

......


Well so its all go go toot toot this week according to 2IC on the rocket, up 20%, well lets hope so hey

Remembering back to that previous chart, I'd be waiting and watching for any big volume to the upside in this so called 20%, and then taking note of what follows that volume ie. its behaviour

And its very very easy to see that LYC has been played and that is seen ONLY ON THE CHARTS.

Hardly any BUY SIGNALS have been given for that very reason. Its been all pump and dump and thats only been seen here, no ramping up or down just the plain simple facts.

Its pumped up, we dont know that at the time though, and according to our low risk buy rules, we wait for testing of this volume to occur and guess what we haven't had to take or lose any cause of this same reason all the tests FAILED and thats (once again) ONLY seen here on a chart, no need for any hindsight crap or anything.

If one flips and only gave SELL signals in their analysis, we would've been saying it every second day and thats why its so hard atm in this LYC charting thread cause we know no one wants to hear that.

imo its been so so easy to read the weakness in LYC but no medals for that

For anyone interested heres the LYC day chart for the start of yet another week.



BTW, If one wants to see successful 'testing' simply go and have a look at stocks like, TLS or even CBA

LYC from the highs of Apr2011 = down 72%, MCP down 78%, REMX down 55%

TLS, same period UP 40%, CBA UP 5%, CSL UP 16%