Tytan Holdings Inc (TYTN)

[dmlabuda]

If you are going to label your post as factual, you might take to time to get your facts straight. I was not even watching TYTN when it was selling for $0.0004 and I have said that at least twice before. My very first post on this board was back on that key reversal day when I tried warn everyone that it was a good day to take profits. So, it was not technical analysis that caused me to miss the move. I wasn't there for it. Since that key reversal day, the market is down more than 35% (close to 50% from the high of $0.005) and I've been saying this market would go lower and it has. Not bad timing, wouldn't you agree?

You know, one could argue that anyone who was there and did buy TYTN at $0.0004 and still has those shares today, also missed that move. Especially if the stock drops now to around $0.0016 which I still believe is likely to happen. In that case they will have watched while the price of their shares eroded by more than 65% and did nothing to protect those profits. So you see, when you are not using sound technical analysis and are instead allowing yourself to become awestruck by the news and then blinded in between the publication of it, you can simply miss the move by being a part of it and not acting when the time was right to bail out with a profit.

Three weeks ago, instead of buying TYTN, I bought another stock at $0.0015 and sold it yesterday at $0.0045. So, when I'm watching a stock, my timing can be pretty good as it was when I suggested that you might sell during that key reversal day about 4 weeks ago now. So, while it's not perfect, technical analysis can be a very good timing tool if you take the time to learn how to use it.