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Re: pumper_stumper post# 9594

Wednesday, 05/09/2012 12:51:49 PM

Wednesday, May 09, 2012 12:51:49 PM

Post# of 32987
I couldn't agree more about "technical analysis."

IMO charts --especially in a case like MPIX-- work only to the extent that a bunch of other gullible chart readers think they do. Sort of like astrology --"believing is seeing." The truth of the matter is that logic, reason and common sense trump such "slash and scalp" nonsense.

so, all of this "wonderful" TA stuff was posted about a low being set, yet just TWO TRADING DAYS LATER, we are down over 50%, correct?

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