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Re: A deleted message

Wednesday, 10/28/2009 3:43:18 PM

Wednesday, October 28, 2009 3:43:18 PM

Post# of 83044
CHARTS ALWAYS WORK...BECAUSE THEY ARE JUST A SNAPSHOT....And they are open to interpertation. I have used charts (bar charts, not the candles that we see here on the site) for almost 30 years...BUT THE REAL REASON IS BECAUSE NEWS ALWAYS LEAKS OUT....Good / bad..doesn't matter. Someone is ALWAYS talking. A problem, or a solution..you will always see a stock get tired (low vol. approaching a former high) or big vol. when the stock is just holding above an area that it has stopped going down (support)..are 2 of the more common messages you can get from a chart....Does anyone remember how fast we moved from .096 --up to 1.9 recently??? If you've forgotten, it stopped at a recent high of about 1.1 and big vol. came in and it moved like a hot knife thru butter from 1.2 to 1.9...a 70% mov e in 2 hours....These areas are important....NO HELP FROM .011 TO .014, BUT if you watch where we've held before or where we've halted a rise...these will clearly help you trade profitably..
CPRKtrader

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