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Tuesday, January 22, 2019 1:03:02 PM

Re: Net-Man post# 2803

Post# of 2842
Net-Man said:

Quote:
Don't know if this is a good price to buy in here. Waiting to see if/when the 20 day crosses back above the 50 day.


J.P. Morgan "I am more concerned with the return of my money than the return on it"



I think that is a good observation, that works for you and you're observing the chart today in its current format. At the time I was looking at the chart before it got corrected for a reverse split. Once the chart was corrected the structure of the chart changed. Recently I noticed that it didn't matter if the stocks had reverse splits and big gaps up or not for my techniques. So it is sort of like 'another hidden market' for the uncorrected split charts in a way. Perhaps this is where the short squeezes are from. So I am also looking at everything again for charts without splits corrected in the price for more opportunities since it works too that way.

On the same sort of things I also noticed with my picks that the chart patterns people use for normal standard charts seem to work on log charts also. This implies that people sell way too soon on buys perhaps and the real price forecasts are much larger than expected. Checking that out as well.
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