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Monday, June 13, 2005 11:34:46 AM
SWAGBADTA = Sophisticated Wild Assed Guess BAD Technical Analysis
The "SWAG" part comes from somebody here who posted it a couple months ago. Thanx again whoever first used that acronym for it fits perfectly.
The zero (0) line I refer to is on the MACD (12,25,9) technical indicator.
And, I think it's impatience rather than patience. lol!!
Just kidding...I have a lot of experience being patient in this department having watched another stock of mine go down for five years straight. And let me tell ya, it's a LOT more fun watching one go up than down! :)
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