SnakeThe chart tells me that short term things don't look rosey...

Snake

The chart tells me that short term things don't look rosey for IAG, I don't care what the fundimentals of a company say, tha chart tells me all I need to know.

For example over the last couple of weeks I've been short MAP and many on here were trying to convince me that it was cheap and that it was dangerous to be short. The chart said otherwise and I took a tidy profit.

The thing is companies can tell you anything when it comes to fundimentals but the big players cannot move alot of stock around without leaving a trail.

Ie companies lie, charts don't.

Each to their own though so good luck.