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Saturday, August 04, 2012 8:03:23 AM
I always follow my technical charts even in pennyland because the same DD is resprung with a new P.R. hope, etc. and it's unfair to those who jump into a play thinking that this will go to .10 or $1.00 land
Randomly Let's take any post.... go back 1yr, post 4000 where people still did not know how to read charts, same dd, new contract signed, watch for the news, tags are a 70 billion dollar industry, blah blah blah, and here comes the bounce, different messiah, new sinking boat, post 4018, "yikes is right different pump and dump promoter"
If you really want to see how he same story unfolds, go back to the guys who jumped in at .0006 and follow their spiel and find the guy who knew when to jump off at .02. That's the guy to follow.
The strange thing about KMAG's chart from back in March is that the ma 50/200 was on it's way up, no consoidation and not bottom bb band. Now we have a consoidation since June only because there was a buyback program implemented ny the company (wise move) and the BB bands split creating a wave, and like any wave they rise above the BB band and when the force indicator pulls the money flow and cross the zero baseline, you'll find the bagholders wondering "WHAT HAPPENED".
Golden cross will happen and golden cross will reverse. except the piep piper will watch you jump off the cliff without an exit strategy and hold your bag before the jump...without a parachute.
THWI is a perfect example of a Tsunami wave, perfect BB split, nice 12x the money.
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