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Short Term Trading Weekend Lounge: 12-14 Jan, page-231

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TootsToots

70 Posts.

7

08/06/22

10:22

Post #: 61886464
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Originally posted by Malaga: ↑

That is all just my opinion and there will be fans and haters of all of them. My point being you cannot just blindly follow the advice of others. Remember the Fib effect, Fibonachery would post a tip on Sunday and Monday morning there would be a crowd of newbies rushing to buy, instant 25% - 50% then days and weeks later the slow drop back. Still happens and now there is twitter with thousands more of an audience. Caution is required in finding the gems amongst all the noise. BLZ is on my close watch list will buy if goes back to 5s.

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Speaking of Fibonachery. Looks like he was a fraud. Hopefully no-one here got burnt by him. See below link

https://www.news.com.au/finance/share-trader-pleads-guilty-to-market-manipulation-over-pump-and-dump-scheme/news-story/0eabcbb99e35d1f5d3b55a1aa4d60f46
2 Upvote

0 Great analysis

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