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Thursday, December 13, 2012 9:38:35 PM
You make good points, better than all of the criticisms I get every time I post a chart. I would add to your observation that accuracy of technical analysis is heightened when there is high volume. And there is practically none here.
Sharing your cynicism, I would not post charts. However, since the KMAG crash the charts have actually worked and had you followed standard buy, sell and avoid signals for the last 3 months, you would be sitting on nearly 200% profits right now.
Following technical analysis, I avoided buying during the decline and started buying in the .002's. I got a trading signal to sell at .005 but chose to ignore it. We'll see.
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