The TA Study Lounge

[coydog]

I would like to do a little test now on the use of technicals to make medium to longer term calls on stocks. I have PBLS on the Bar Charts that are all saying sell. I have JLHY on the Bar Charts all saying Buy. PBLS is .005 right now and JLHY is .56. Let's say we put 10,000 into each stock right now. Would anyone like to place a small wager with me on which one would make the most money over the next 6 months to a year? I would bet on the one with the worst technicals and the least interest from traders and investors. Look what happened to MSSI today on the news. Everybody was on the same side of the boat and it spilled all late comers into the water and now they will be going glug, glug for a while.