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Re: chart_md post# 61374

Thursday, 08/31/2006 11:32:32 PM

Thursday, August 31, 2006 11:32:32 PM

Post# of 311080
Penny

Low Blow? I'm just repeating your 'big blow' 'To DA Moon' title for your post which tends to give the impression that this stock is about to take off.

I am not trying to cover myself both ways. The stock is in trouble locally, will probably fail soon to some line, and I expect the ascending channel to offer support to the PPS when the time is right. It's all the same story, no two ways of interpreting that, or what I am saying.

My reference to your weekly chart was not oblique. It was direct. I happen to like the use of the weekly charts. And monthly.

I think that a zoomed in comparison between charts, weekly daily, intraday, whatever, doesn't tell anything because it's devoid of context, like looking at two navels up close, one belonging to a hairy man and another a dog. You really don't know what you are looking at until you back off. At that point, everything changes.

I have never dismissed a weekly chart in my life. I use them all the time.

I am sure your seven years of experience will stand you in good stead. It did the last time we ran into each other.

fringe


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