Sometimes I buy at tops and sell at bottoms. But sometimes I sell at tops and buy at bottoms. So sometimes I get it right and sometimes I get it wrong. But when I make money, I expect to make at least 3-4 times what I put in. So I can take 3 loses before breaking even. I am not a bad trader, in fact, I have some idea. So its unlikely that I will have 4 consecutive losing trades. In the long term, I win.
No need to debate over Fibonacci or Gann or investopedia.com or P/E. Just play sensible fellas. I reckons ZFX is waiting for another kick arse drop, explains why I went short.
Zn prices: powerful head and shoulders. That's a signal you cannot miss, fundamental, technical, spiritual or otherwise. It is a fantastic company, but err... that ain't enough.
That's why its all technical, that's the difference. :-)
I have a vested interest - consult your own financial advisor before trading/investing in the financial markets. You were smart enough to find this site, so I presume you've done your research. I could be typing to trick you, but that is not the case... or is it?
happy trading.
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