Tuesday, June 03, 2014 3:55:19 PM
I never know what to make of charts and technical analysis, particularly with a stock like Medinah. I look at the pathetic trading volume since the GM and feel impending doom, yet many technical indicators are predicting strong now. And I have to admit the chartists were exactly right during the pre-GM run up.
A week from today I'd like to believe we will have more quantifiable data as to "where we are". Wouldn't that be nice?
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