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nez

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Posts 1789
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Alias Born 01/19/2006

nez

Re: vlftraders post# 19107

Saturday, 09/16/2006 1:07:43 PM

Saturday, September 16, 2006 1:07:43 PM

Post# of 84181
vlft,
I really find plain, simple, and obvious points which follow simple logic so refreshing. Your post is beautiful for that reason.

The second chart posted is very similiar to the chart I drew although I used different settings. I have seen to this point during my efforts to use technicals, when one finds certain patterns in a chart and they could be either positive or negative, there is a good chance they will repeat. This is what I see set up here, but this time there will be one major varible to consider. Past runs were limited to many "buying on rumor and selling on news."
This time we will have news which is probably going to confirm that a company has been formed, is producing product and has developed a customer base which is providing "real" sales.

This is going to be a new chapter or the next really big step up and again IMHO, when this happens, you won't be flipping by selling and buying a good bit lower. You will be flipping out because once the company shows what it really is, if you sold, you won't be getting back in either at the sell price you used or lower but chasing the move to the next level or chapter in the bright future of ATWT.
Thanks all, Nez


Any society that would give up a little liberty to gain a little security will deserve neither and lose both.
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