Enzolytics Inc (ENZC)

[pumper_stumper]

In ENZC, or any pink sheet, charts work like this. If chart appears to show bullishness, the chart is embraced and praised like it was sent from heaven, and no one has a bad thing to say about technical analysis.

But, if the chart appears to show bearishness, beware! Sticks and stones are thrown, and suddenly, technical analysis is garbage and should never be taken seriously.

My favorite is when someone posts that a chart shows "good support here at $X.XX". I then ask, well if we fall below it, then it's bearish, right? Which of course is basic technical analysis. But somehow, I never get a response! For a bag holding investor, technical analysis only is discussed if it is positive.

Note the stone thrower who threw stones at you here in the reply doesn't mention, "well if they start running short of cash, how is your chart going to reflect that"? It's all about living on a one way street!

Entertainment! This is why I love following pinks.