Yes Ac, they will be a first someday. Perhaps it will be Al when...

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The Dean

13,370 Posts.

1235

15/07/16

00:05

Post #: 18274409
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Originally posted by airconditioner ↑

Who? The ones that care to understand what stage a company is at and what fundamental reason there may be for a good company on a steady climb to be sitting at base camp for a few weeks.

Your TA won't tell you that post-merge, this company should experience a good upswing based on a return of higher volume and enthusiastic market reception on the merged company.

Or does it? How high will the next highs go? I watched the GALXF dude do his thing recently on Youtube with the US chart and call 75c-$1.10 US after the next correction. Both the depth of his correction and that price would be somewhat ridiculous if you spent time reading announcements.

If TA was 80% accurate then Aussie Bulls wouldn't be conceding that their sell recommendations are slightly worse than a coin toss when it comes to GXY.

I think we're going to have to concede that we approach things differently. I have so much green distance between me and any loss that I am utterly relaxed about sitting through this period and accumulating. I know what is coming up over the next 6 months.

If anything this is where TA feeds shares into the hands of those who understand a little more about the future of a company than following a chart of the daily action.

Best of luck though. I haven't seen one chartist nail any predictions accurately here.
You may be the first.

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Yes Ac, they will be a first someday. Perhaps it will be Al when she gives her next conference call and brings up her charts. It will be than she can predict what happened for the quarter.

GXY Price at posting: 49.0¢ Sentiment: Buy Disclosure: Held
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