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Monday, January 26, 2009 11:15:57 PM
With that said...
With regard to Pink stocks? Throw the charts out the window.
A chart will not predict what a legitimate Pinky like EESO can do. And better yet, A great chart is usless when the stock is suddenly diluted by a scamming CEO working with a PO Box and a cellphone.
Screw the charts!!! I'm tired of hearing about the charts. The charts said get out of EESO months ago. Where would you all be now if you were trading this stock by a chart? The faithful longs, that have done their DD, know more than the charts.
The charts are cold and mindless. The chart has not taken into consideration all of news and DD that we know to be true. That charts only show where we've been and can't predict the future. You can line 10 chartist up against EESO chart and get 7 different predictions but a PR by Jared(last friday) or one confirmation from a trusted poster on this board will trump everything the charts say.
The DD we've done is far more valuable and will get you farther ahead than any chart will
Again, this was not intended to bash a chartist. Great for Blue Chips. I just don't think they work down here in the pinks.
Do some serious DD, watch the L2, and trade what you see!
Thanks for listening
Jim
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