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Re: Chas1961 post# 319

Thursday, 05/16/2013 10:30:22 PM

Thursday, May 16, 2013 10:30:22 PM

Post# of 8449
"Nolerman,
Just giving you a chartist view of the other IP board you post on. Your support is currently .40 with a big drop if it falls after that. and big resistance at .44"

Thank you for the response Chas. I have to make a confession in the interest of full disclosure. I am not nearly as chart illiterate as I often lead on to be, and it is often a loosing attempt at humor or a simple intentional catalyst to provoke a change in paradigm regarding conventional wisdom when investing in a particular stock. There are several sectors that I feel are most effectively monetized with fundamental knowledge as opposed to chart analysis...PAE's happen to be one of those. I will always use universal chart basics such as RSI and volume trend indicators, but I try to passively persuade investors to invest in educating themselves on sector and industry specific fundamentals to help better prepare them to recognize trends and effectuate trades. In the mean time, please feel free to send any and all chart information you like, there is never such thing as too much information on a forum intended to educate investors. Plus, I am a sucker for knowledge that makes me better at making money. GL to all here and I look forward to sharing as we move forward. We have an excellent, grounded, intelligent board here with just right amount of cynicism to maintain the integrity of a board most should feel confident in resourcing for facts.
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