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Re: Greenback305 post# 4404

Thursday, 11/06/2008 8:25:03 PM

Thursday, November 06, 2008 8:25:03 PM

Post# of 7503
Try broadening your time frame on your charts. Many self-proclaimed TA and chart experts feel that reducing the time frame on a stocks chart makes it more accurate, when in fact it doesn't.

Anyways, for OTC/OTCBB stocks, unless your trying to flip them intra-day (which is still fairly inaccurate), I prefer using a 1yr chart to better assess the overall trend. The short term charts are simply to reactive and misleading for the most part and I'll often rely more on actual trading and L2's to determine range, entries and exits.

Why I'm here is unimportant, you either want to discuss reality, or you want to continue on with your facade.

You just glossed right over the most important part of my post, which was how you were going to explain the extremely high volume for such a supposedly low float stock???



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