Hi all,
Lets not get into a debate about TA -- lets just look at a graphical representation of the SP performance.
The way to see where you are going - be it in the jungle, on a voyage or in a company SP performance is to step back a bit and look.
Below is what we get when we step back --------- and, it is NOT a falling shareprice - it is a rising shareprice and it has been doing it for months.
Yes, in the wash - it moves up and down --------- possibly this is news to some investors - well, the big news is - that ALL shares do that - just like our personal finances do that - our kids behaviour does that, our dogs training does that.
If one wants to judge how good their kids are by what they do in one particular minute - then, lots of luck.
The game is - disregard the micro stuff and look at a bigger picture.
Don't watch the waves - measure the tide - it really is that simple.
Pinto
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