InvestorsHub Logo
Followers 18
Posts 1323
Boards Moderated 0
Alias Born 10/05/2009

Re: deadjim post# 83507

Wednesday, 12/28/2011 6:23:20 AM

Wednesday, December 28, 2011 6:23:20 AM

Post# of 173238

a lagging indicator...? ok. because I could've sworn technical analysis is an attempt to predict the future.



Lagging means "trailing behind". In this case the points plotted on the charts are LAGGING or BEHIND the real time movements, otherwise they could not be marked on a graph. Now, studying the past charts and moves could give you an indication of what "COULD" happen, what WILL happen. I think you are confusing COULD and WILL. Sometimes things happen other times they don't.



however LBSR is different and is part of a collection of rare patterns made only possible by a market crash. whether it has follow through is a whole other question



I will ask that you explain this.

I've heard people say this before, and every one of them had no clue



Speak for yourself. You are good at charts and getting better, but when you begin to make unfounded statements that are categorically false, I must correct you. When you generalize and place ALL your indicators in one basket, it's kind of like counting your chickens before they hatch, especially if the MM has other plans, and we know they do once this gets near .019.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent LBSR News