Thia is the impossible question. It's like asking who's right?...

Thia is the impossible question. It's like asking who's right? Labour or Liberal? Democrat or Republican? Darwin or the Church? OctoMom or the Chinese Department of Population Control?

One thing is for certain- when the winds favour one side they will crow victory, "We were right! Told you so!"

Then things will eventually change and the other side will be right for a while, "We were right! Told you so!".

Fact is many companies on the ASX are getting thumped right now; some deserve it and some are just getting carried out with the tide.

PRR is a victim of circumstance and uncertainty hence the volatility. In the abscence of news shareholders will look around for answers and TA can provide some for the short/ medium term. Nothing wrong with that.

In fact if you are a long term holder and you want to pick up some more shares at a now cheaper price you would be well advised to pay attention to people like boiler and jvegas. TA views like theirs can help you chose an entry point rather than randomly chosing an entry price. Youtube and the ASX are also filled with helpful videos/ tutorials if you want to teach yourself.

Like the ad on TV says, "get informed (then) take a position"

I would add, "place your falling sell and rising buy orders then get on with your life and trust the well informed decisions you have made"

...and watch reruns of the Muppets when possible :-)