Always enjoy discussing this with you GZ. No, I would not put my...

  1. 17,374 Posts.
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    Always enjoy discussing this with you GZ. No, I would not put my house on the line based on a chart. Charts are just another arrow in my quiver so to speak....but at times a very useful one. Also I am not one to pretend that the charts tell me everything I need to know. As you can see from my post above I get things right and I get things wrong and I think it is healthy to discuss both.

    Regardless of all that, with this exercise in 1PG the chart was just one consideration. Another important one was how the market reacted to the Amazon signing as opposed to the Accenture signing. That was purely a fundamental analysis and was the basis for my belief that this last big move was mostly a technical one. Bottom drawer holders probably don't even need to consider this conversation as I believe that 1PG will work out in the end.
    Last edited by NineLives: 27/03/15
 
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