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Re: gumzsa post# 1264

Tuesday, 02/14/2012 2:13:20 AM

Tuesday, February 14, 2012 2:13:20 AM

Post# of 2932
Now come on! Really? How can you make a statement like "pinkyland is way to volitile for a chart to work on long term plays" when you claim that you have never used a chart in your life? Obviously you just made a statement that you cannot possibly know is correct. IF you were to look at the chart however, you would see that the most significant recent volume came at the top of the market on the 9th. Why would that be? You think perhaps that investors and traders were taking profits? Since then the volume has tapered off along with the buying to keep the price going up so, the price is tapering off and the market in not yet oversold so, it will most likely keep going lower. You might want to ask yourself what happens it keeps going lower and does not come back? As a swing trader, I never have to worry about that.

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