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Re: beacon27 post# 55253

Friday, 12/09/2005 5:16:33 PM

Friday, December 09, 2005 5:16:33 PM

Post# of 286607
But this is why I say following a chart pattern is like trading on inside information without having the inside information...it is like following a footprint....I couldn't tell you why the NMGC chart was setting up like it was...but it sure did look attractive to enter...and this was before the announcement...sure...it shot up because of the announcement...I understand your point...my point is the signs were there for the setup of the pattern..the setup for it to move up in some way like this...before the news was even released.



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