cabe6996No matter what, charters still try to close gaps and...

cabe6996

No matter what, charters still try to close gaps and define resistance points, regardless of time periods. Many charters ignore announcements and company fundamentals.

Not my way of thinking but each to his own.

I believe firmly that fundamentals, announcements and charts all have their place.

You can always be surprised, look at FMG from a few cents to around $13 AND DOWN TO AROUND A $1.30 Fundamentals haven't changed 5 or 6 fold but it is now back to $6.00 plus.

Has the company changed that much..No!..But a global downturn gave the oppotunity to close many, many companies outstanding gaps.

Hope that helps and I'm sure along the way FM will keep us posted from the charts position.

GL Forro