I just posted my charts that have been here since we were just breaking a penny. These charts pointed out the .025 resistance well before we reached .025. I posted this .025 resistance many times. And yes I took profits at .025 resistance. The charts also showed the support just above a penny. I posted this many times and yes I accumulated in this area. These levels I have had posted on my charts in the Info Box for over a month. I am not claiming that I am always right but in this case I nailed the top (.025) and what I think is bottom(.010 area) and I have posted this opinion many times. BTW, the Golden Cross is still intact. Believe what you want about charts and chartists. But dont think they are majik, They simply represent guidance within the money flow.
"the chartist I think are fine for what they do. It's just that when we are green they are all over calling the Golden Crosses and Candles and Resistance and new support, new highs, new lows etc. but when the stock is tanking it's a different story. For instance when we were up to .024 nobody was telling us that we would be dropping back down to to the levels we did. That is all I am pointin out, my question with that is are the charts really all they are cracked up to be. And if they are wouldn't the chartist be retired already on their island somewhere?
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