Looks like you have been cured.
And talking about bottoms, why do chartists complicate things ?
The price of BHP went up 62 cents today.
I dont care whether in the process of doing so the BHP chart formed a triple-fat-bottom-doji-candlestic-candle.
I can see that the price went up 62 cents myself.
What I want to know is which is the more accurate price.
If BHP is worth $20, yesterday's price was more correct.
If BHP is worth $30, today's price is moe correct.
Do you want me to get more controversial ?
1) You buy BHP for $20. BHP is worth $30. You sell at $25. You made a loss.
2) You buy BHP for $30. BHP is worth $20. You sell at $25. You made a profit.
Its all about figuring out how much things are worth folks !
- Forums
- ASX - By Stock
- XJO
- i can cure chartists
i can cure chartists, page-104
-
- There are more pages in this discussion • 25 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
(20min delay)
|
|||||
Last
8,212.2 |
Change
8.500(0.10%) |
Mkt cap ! n/a |
Open | High | Low |
8,203.7 | 8,225.5 | 8,203.7 |
Featured News
XJO (ASX) Chart |